Australia population wise is in the ratio of 1:30, when compare to USA, and look at how the values of their houses go down the drain.
There is a story that a lady willing to offer 2007 mercede,for someone willing to buys her house(550k which she bought for 650k).
Statistic out,show that there no going to be 70% increase in housing default this finanancial year.
This equate to about 3 hundreds thousand houses hold, and most of this will happen in the western suburb.(hill area)
Australia population wise is in the ratio of 1:30, when compare...
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