Oz Blog News Commentary

Joye: Bubble to grow forever!

June 2, 2015 - 09:43 -- Admin

Chris Joye chimes in on the bubble debate: The biggest bubbles also tend to be accompanied by manic buying (tick that box), backed by high leverage (tick) and hyperbolic defences (tick) of the crazy prices (tick again). My next door neighbours traded their Sydney property, which recent sales implied was worth no more than $4.4

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