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Down Under, Going Under: Australian Housing Implodes As RBA Hikes Into The Slump

· By Tyler Durden
Story summary

Down Under, Going Under: Australian Housing Implodes As RBA Hikes Into The Slump For three decades, the one trade every Australian knew by heart was "buy property in Sydney." Now it's disintegrating.That's the gist of a Bloomberg feature from this summer, titled "One of the World's Longest Housing Booms Is Cracking …

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