Update on Deflating Property Bubbles in Sydney & Melbourne by Wolf Richter • Jul 2, 2018 • 39 Comments “Recent home buyers could be facing negative equity”: CoreLogic.
Why a US-Style Housing Bust & Mortgage Crisis Can Happen in Canada, Australia, and Other Bubble Markets by Wolf Richter • Jun 20, 2018 • 80 Comments Despite persistent and false memes to the contrary.
How Chinese Investors Inflate Housing Markets in the US, Canada, and Australia, as Governments Try to Stem the Tide by Wolf Richter • Jun 7, 2018 • 139 Comments The “waterbed effect” of money flows.
Citibank, Deutsche Bank, ANZ to Fight Possible “Criminal Cartel” Charges in Australia by Safehaven • Jun 4, 2018 • 17 Comments There’s unconfirmed speculation JPMorgan may have been granted immunity as the whistleblower.
Housing Bubbles in Sydney & Melbourne Deflate by Wolf Richter • Jun 3, 2018 • 46 Comments “Buyers are not rushing to put their name on any contracts if they fear that a property might be overpriced.”
Parents to Pay the Price when Australian Housing Bubble Bursts by Wolf Richter • Jul 5, 2017 • 66 Comments Home prices jump to record amid surging supply and declining real wages.
Why an Australian Fund Manager Decided to Sell Everything by Wolf Richter • May 30, 2017 • 66 Comments Spooked by a “housing calamity,” banks, overvalued stocks, and China.
Housing Bubble in Sydney Soars to New High, Politicians Promote Scheme to Bitter End by Wolf Richter • Apr 2, 2017 • 39 Comments “Buy property in Sydney and you’re ‘pretty well set for life’”: Government to first-time buyers.
The Australian “Energy Market,” as Explained by Comedians by Wolf Richter • Mar 22, 2017 • 19 Comments “I thought we had gas and electricity coming out of our ears.” But no. Hilarious video about self-inflicted energy problems in Australia.
These are the Countries with the Biggest Debt Slaves, and Americans Are Only in 10th place by Wolf Richter • Jan 22, 2017 • 137 Comments So who the heck are the Really Great Ones?