Maybe it'll be all over when more than 100% of household income is required to service the mortgage. Until we reach that point everythings OK??
Then there's the Asian investors, BIG cracks appearing in Chinas housing boom which will flow on here. Tightened regs regarding o'seas buying?
Unemployment rate to rise when the auto industry finally lays off staff.
Complete lack of accountability/regulation (and morals) in the Mortgage Broker/ Real Estate industry which will bite households on the bum, and the unravelling will be a sight to see .....
