Australia Real Estate WORST DROP In A Lifetime! Central Bank Suggests QE To Solve Economic Troubles!

Australia’s economy is heavily reliant on real estate. Perhaps not as much as Canada but it’s certainly a big component as households rely on excessively leveraged home ownership schemes to buy ever-increasing real estate. The average household is unable to afford their current lifestyle because the debt has become so excessive. In the recent past, we have finally seen a change that will unravel the Australian economy from the inside out.

Reserve Bank says rate cuts and QE possible as Australian housing enters 'uncharted territory' - ABC News (Australian Broadcasting Corporation)
https://www.abc.net.au/news/2018-12-07/reserve-bank-raises-prospect-of-rate-cuts-or-even-qe/10593562
House prices: Australians loses $145 billion in housing wealth
https://www.news.com.au/finance/economy/world-economy/australias-lost-145billion/news-story/a0360794fc05982b57c3c8d665c9bbff
Housing market crash: OECD sounds warning on falling house prices
https://www.news.com.au/finance/economy/australian-economy/oecd-warns-australia-to-prepare-contingency-plans-for-a-severe-collapse-in-the-housing-market/news-story/19d35f6461b01ae456162a3208277c50
10 myths making us complacent on looming ‘economic armageddon’
https://www.news.com.au/finance/economy/australian-economy/ten-myths-making-australians-complacent-about-looming-economic-armageddon/news-story/af3d79eda0006e0f7005295a3103ec87
Negative gearing changes 'could tip Australia into recession', warns John Symond - ABC News (Australian Broadcasting Corporation)
https://www.abc.net.au/news/2018-12-12/housing-industry-insiders-issue-negative-gearing-warning/10602484
Australia-2018-OECD-economic-survey-overview.pdf
http://www.oecd.org/economy/surveys/Australia-2018-OECD-economic-survey-overview.pdf