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
