Is your country experiencing a real estate bubble at the moment? Australia is popping hard.
The slump in prices marks the end of a five-year expansion that saw prices in Sydney rise by 70 per cent and household debt surge above 120 per cent of gross domestic product — one of the highest levels in the developed world. The correction coincides with price declines in many overseas markets as central banks begin to unwind record-low interest rates and fears mount over a slowdown in global growth.
There goes my retirement. I hope you faggots are happy. Still never selling though.
Brayden Nelson
wow, you means home prices can't double in prices every 5 years
what an absolute shocker
Logan Baker
Canada is probably next, so get your checkbooks ready to buy the dip.
Andrew Murphy
Dont forget to thank the chinkies for that lovely bubble.
Xavier Nguyen
wait till china goes into recession and the foreign money which has been propping aus up for 10 years dries up
bye bye
Lincoln Carter
Same here in Canada. I don't know how it could be any different, unless you're a top professional jumping ships for raises every couple of years, the salaries are stagnant. A job and a hustle, and I can't even get a 1bd condo kek, and thats with me making significantly above the median.
