Australian Real Estate: Not A Crash….YetRupert Hargreaves
Australian Real Estate is running out of steam, but UBS does not see Australia's economy crashing...yet. updated on 7/24/2017 at 8:25AM EST
A few days after a survey conducted by Bank of America showed that the biggest concern among fund managers today is the prospect of a policy mistake from central banks, UBS has issued a research note warning that Australia’s housing market could collapse this year if the RBA “hikes too early.”
The Australian property market has been on fire . . .
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