The Housing Bust in Sydney & Melbourne, Oh My! by Wolf Richter • Jan 2, 2019 • 45 Comments But it wasn’t the central bank that pricked the bubble; its interest rate is at a record low!
“Severe Collapse” of Home Prices Might Trigger a “Financial-Institution Crisis” in Australia: OECD Frets about the Banks by Wolf Richter • Dec 10, 2018 • 94 Comments “Authorities should prepare contingency plans.” The big four banks are too exposed to mortgages. Even if they don’t topple, the economy will get hit.
Update on the Housing Bust in Sydney & Melbourne, Australia by Wolf Richter • Dec 1, 2018 • 62 Comments This is not exactly slow motion anymore.
Update on the Busted Housing Bubble in Sydney & Melbourne by Wolf Richter • Nov 1, 2018 • 51 Comments “Bloodbath” and similar technical terms are cropping up in the media.
Update on Popping Housing Bubbles in Sydney & Melbourne by Wolf Richter • Oct 1, 2018 • 51 Comments Every housing bubble requires the connivance of the banks and regulators. Australia is no exception.
Housing Bubble Pops in Sydney & Melbourne, Australia by Wolf Richter • Sep 3, 2018 • 59 Comments And with impeccable timing, an immense flood of new construction.
Why Are ATMs Disappearing at an Alarming Rate after a Wave of Branch Closures? by Don Quijones • Aug 15, 2018 • 69 Comments Banks are curtailing “cash services.” But why?
A Housing Bubble Pops: Update on Australia by Wolf Richter • Aug 1, 2018 • 31 Comments It is rare that a housing market makes such a beautifully defined U-turn, after a long hard surge.
The Largest Ships in the Huge Iron-Ore Trade by MC01 • Jul 28, 2018 • 42 Comments Exports are dominated by two countries, imports by three. And everything revolves around China.
It “Hit the Mortgage Market Over the Head with a Baseball Bat” by Wolf Richter • Jul 11, 2018 • 56 Comments 8 boots-on-the-ground findings about Sydney’s deflating housing bubble.
