Via UBS: After the (forever) house price boom: consumption to be dragged by a fading household wealth effect The BIS recently released a detailed research paper on global house price trends. It found that Australian nominal house prices had astonishingly super-boomed by a cumulative 6556% in the 55 years to 2016 (Figure 1 and Figure
The post So long and thanks for all the debt: UBS calls end to 55 year Aussie house price boom appeared first on MacroBusiness.
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