Having looked at how the Australian housing bubble emerged in Part One, I now discuss excuses given for overvaluation, why the bubble is yet to burst and what will happen when it does.
Is the Australian property market truly resistant to a bubble burst, or is it just a disaster that’s taken a while, but is now ready to happen?
Bangkok – 20th October 2016: MBMG Investment Advisory was highly commended in the Best International Private Banking Service (Non-UK) category and nominated for the Best Best-Practice in Offshore award.
For the last seven years, several countries have seemingly been stubbornly obsessed with reducing public sector debt, which has prolonged economic malaise. However, there seems to be a rethink going on… and it’s not before time.