oz house prices not in 'speculative bubble' gs

  1. thedalek
    1,892 Posts.
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    10/09/10
    10:27
    Post #: 7181457
    http://www.businessspectator.com.au/bs.nsf/Article/House-prices-severely-overvalued-report-pd20100909-95B5K?OpenDocument&src=is


    Goldman Sachs:
    The report says Australian house price dynamics do not appear consistent with a speculative bubble, noting there is a "very big difference between a speculative bubble and a period of overvaluation."

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