[lbo-talk] Aussie housing

Doug Henwood dhenwood at panix.com
Wed Aug 31 15:03:04 PDT 2011

Mike Beggs, as I recall, you were pretty sanguine about the Australian housing market. Now I see that Australian house prices are falling. Pretty gently for now, 3.4% for the first seven months of the year:


Still, bear markets often begin with gentle declines.

What do you make?


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