Australia's House Of Cards Is Collapsing: Recession Coming Up

Zero Hedge | 12/13/2018 | Staff
hey13 (Posted by) Level 4
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Australia's housing collapse is now in full swing. A recession will follow shortly.

Inga Ting, Geoff Thompson and Alex McDonald provide and excellent set of graphics and information on the bursting of Australia's housing bubble at House of Cards.

Home - Prices - Council - Areas - Peak

Home prices in more than four out of five council areas have reached their peak and are sliding towards an unknown nadir, according to the latest figures from property market analyst CoreLogic.

As the slump moves into its second year with little or no prospect of rebound, the downturn in capital city property markets threatens to...
(Excerpt) Read more at: Zero Hedge
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