Sydney residential property bust on the way, page-63

  1. periform
    278 Posts.
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    07/01/19
    22:55
    Post #: 37050532
    I think nobody of working age in australia has experienced anything like it. 50% write down in property .banks folding . IMF bail out etc etc. Not a dig just pointing out how severe it can become sometimes .

    Don't see that happening here but the complete lack of respect for debt in Australia is a worry.

    People living so far beyond there means.

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