Relevant:
- Shades of 2006: That's What Australia Housing Bubble Looks Like From US Perspective
- Australia Heads For Economic Crunch; Similarities Between Australian and Chinese Stock Markets; Global Property Bubble Cycles
- Ponzi "Shark Loans" Fuel China's Housing Bubble; Home Sales Plunge 44% in Xiamen
- Australian Lenders Learn Nothing from US Housing Bust: Mortgage House offer 105% Mortgages, Westpack offers 97% Mortgages
- Australia Banks Should Raise Mortgage Rates This Year, UBS' Boubouras Says
2010-02-02 — blogspot.com
" Today the Royal Bank of Australia (RBA) unexpectedly held interest rates at 3.75%. No doubt this was in fear of the Australia's enormous housing bubble that exceeds the height of the bubble that long ago burst in the US. 20 economists predicted the RBA would hike. Not a single one predicted anything else. "
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