RE: Four Corners Tackles Australia's Inevitable Housing Disaster. Learn How It Will Impact You Regardless Of Whether You're In The Market & Discover What The ABC Left Out...

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Four Corners Tackles Australia's Inevitable Housing Disaster. Learn How It Will Impact You Regardless Of Whether You're In The Market & Discover What The ABC Left Out...

in teamaustralia •  7 years ago 

Very well written article. Sadly this same scenario is playing out in Canada also with record household debt and real estate prices. I read about a year ago that over 25% of Canada's GDP came from real estate and related activity; over twice the % as the United States.

It will be interesting to see how it all plays out.

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Many similarities between Canada and Australia @therenegade. Thanks so much for the comment!