today tonight just ran a story on aussie property and guess what!?!?!!!!!!
it was doom an gloom!!!
basically:
1. people are stressing over debt 2. fhob and low interest rates sucked people in and now they are in trouble and close to if not already defaulting. 3. outer suburbs are the ones being hit and last 3 months prices have been coming down.
will we see more interest rate rises and the problem coming closer to the city and spread like cancer?
