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RE: The Wealth Cycle Peak In Australia

in #australia9 years ago

the Australian household debt to household disposable income ratio has now hit 190%.

As home prices can only grow as debt grows, you'd have to assume we are nearing the breaking point.

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It's an inevitability @jasonstaggers, you're right. Unfortunately there can be a big difference between inevitable and imminent which explains why it's all gone on so long.