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RE: Four Corners Tackles Australia's Inevitable Housing Disaster. Learn How It Will Impact You Regardless Of Whether You're In The Market & Discover What The ABC Left Out...
Very well written article. Sadly this same scenario is playing out in Canada also with record household debt and real estate prices. I read about a year ago that over 25% of Canada's GDP came from real estate and related activity; over twice the % as the United States.
It will be interesting to see how it all plays out.
Thumbs up!
Many similarities between Canada and Australia @therenegade. Thanks so much for the comment!