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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (117447)	3/24/2016 1:52:58 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217734

Real estate bubbles are a deliberate policy. When Ian Macfarlane ended his tenure as Governor of the Australia Reserve Bank the new Governor decided he did believe in real estate bubbles, so property price in Australia took off. In time Australians will discover which central bank policy makes for a better economy. There's still one difference Australia retains which makes a difference, even with their new pro-bubble central banker. You need a residency permit or citizenship to purchase residential property in Australia. This protects Australia from real estate bubble created elsewhere.