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Old 29-04-2017, 07:38 PM   #61
Work Horse
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Join Date: Dec 2004
Location: Melbourne
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Default Re: Australia housing bubble

Quote:
Originally Posted by GREGL View Post
Depends on foreign investment rules doesn't it. Oz is still a nice place to aspire to, and for the time being a reasonably tolerate place.

1 million Kiwis can't be wrong ?? Lol
I was referring to the Japanese asset bubble of the early 90's and the lost decade there.

The idea that property always increases in value after a correction was not the Japanese experience.

It could easily happen here...
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