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Killer Bunny

Lucky Australia Thread

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http://www.theage.com.au/comment/house-prices-are-inflated-and-a-fall-seems-certain--the-only-question-is-when-20140908-10drmx.html

"House prices are inflated and a fall seems certain - the only question is when"

Well...

http://www.theguardian.com/business/grogonomics/2014/sep/08/why-a-collapse-in-chinas-housing-market-will-hurt-australia

"China's housing market is on the brink of collapse. Should Australia be worried?"

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Place your bets!

Who'll be the first Commonwealth country to crash?

Australia, Canada or the UK. All have massive speculation from the Chinese, although the UK's is concentrated in London and Canada's in Vancouver. Australia not only has housing speculation but depends on China as a consumer of its mining output.

Looks like Oz it is.

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"But a collapse in the Chinese market would also have another sting – if Chinese real estate investors can’t achieve growth in their own markets they will start looking in even greater numbers for value elsewhere – places like New York, Toronto ... and Sydney."

No, they will sell abroad in order to stay solvent at home.

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"But a collapse in the Chinese market would also have another sting – if Chinese real estate investors can’t achieve growth in their own markets they will start looking in even greater numbers for value elsewhere – places like New York, Toronto ... and Sydney."

No, they will sell abroad in order to stay solvent at home.

See my sig for an explanation of what is about to happen...

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