overseas view on oz housing collapse, page-3

8.3% growth in debt is still high growth - good time still ahead for housing, albiet not as good as before.


Property market undergoing seismic shift, report finds
Chris Zappone | Sydney Morning Herald | March 28, 2012 - 12:43PM | More Chris Zappone articles
'Since the financial crisis first emerged in 2007, however, housing credit growth has almost halved to 8.3 per cent, a pace likely to persist for 2012 and beyond.'