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Anyone Remember That Massive Australia Thread?

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Lost my bookmarks so having googled housepricecrash, i managed to see this article at number 2 and it remembered me of days of yore...

http://www.smh.com.au/money/borrowing/us-experts-claim-property-bubble-is-set-to-pop--but-have-they-missed-something-20140128-31jaz.html

Amusing how its Americans giving the warning.

"While Sydney and Melbourne house prices are high at almost 10 times income levels, the ratio is 35 times in the major Chinese city of Shenzhen. Dent says the collapse of Chinese housing prices will be the biggest housing crash in history. It will cause commodity prices to rapidly fall and cause the fall of Australian house prices."

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