Australian Housing Market: Up Up And AwayRupert Hargreaves
At ValueWalk, we've kept a close eye on the Australian housing market for some time. Along with Canada, the Australian housing market is one of the world's most inflated, with prices being driven by rampant speculation and funded by high levels of debt.
Indeed, as we reported at the end of February, Australia’s household debt-to-income level now reached an all-time high, hitting 200% or $2.47 trillion . . .
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