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?
Commodities Bust Crushes Incomes, House Prices, & Rents in Western Australia by Wolf Richter • Jan 9, 2017 • 28 Comments “Ponzi finance schemes are struck firmly in reverse gear.”
UBS: Liar Loans Surge in Australia’s Housing Bubble, Pose Risk to Big Four Banks, “Financial Stability” by Wolf Richter • Oct 7, 2016 • 53 Comments “Misrepresentation is systemic.”