Aussie Housing Market Is Four Times the Size of Economy
Not even the U.S. and U.K. markets achieved such heights at their peaks
Australia’s housing market dwarfs its economy after five years of red-hot price growth. The value of the nation’s homes has ballooned to A$7.3 trillion ($5.6 trillion) -- or more than four times gross domestic product. Not even the U.S. and U.K. markets achieved such heights at their peaks a decade ago before prices spiraled lower and dragged their economies with them. “The risk is that it leaves the Australian economy extremely exposed, and a minor shock could become far more significant,” said Daniel Blake, an economist at Morgan Stanley in Sydney.
评论
记得前两年无论什么新闻，下面总有人喊一句：房价要涨
澳洲中文论坛热点
- 新西兰总理：出世在新西兰的新纳粹Thomas Sewell是“挺蹩脚的人”，但那是澳洲的问题
- 新西兰总理拉克森称新纳粹Thomas Sewell是坏人，但是没对要求把他从澳大利亚遣返到诞生国去的呼吁置评。
- 撞穿学校栅栏害死十一岁男孩的司机不必坐牢
- 一位女司机撞穿学校栅栏、害死了11岁男孩，被罚2000元罚金、撤消驾照，不必坐牢。Jack Davey 的父母去了