"the housing market is holding up rather well", page-7

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    Another article, this time NZ

    NZ housing 'still way overpriced' says English

    This is interesting

    "New Zealanders did not save enough partly because they got everything free from the government and got better returns by taking out debt than saving, he said."

    Also notes AU and China

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10655715
 
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