Is the Australia real estate bubble about to burst by 50% ?
Australia is facing a massive property bubble and investors will be hardest hit with no tenants and banks re-possessing apartments.
“Australia now has one of the biggest housing bubbles in history”
“Australia real estate 50% drop in property values” http://www.afr.com/news/economy/employment/uncovering-the-big-aussie-short-20160223-gn130w
“An overseas Melbourne CBD apartment investor might sign a contract to buy an apartment for 0,000 in 2016 but by the time it’s finished in 2018 the bank values the property at just 0,000″