reiwa: perth house prices falling $2300/week , page-21

  1. 846 Posts.
    When the evidence of China's housing bubble deflation is much more clear (as I think it will be in ~6 months), demand for steel, and hence iron ore, is going to reduce such that $130/tonne will seem like a dream.

    ~$60 per tonne a la GFC would put a lot of mines, and hence a lot of cashed up bogans, out of work
 
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