My Opinion ! This is MAJOR ! Australia Needs to Raise interest RATES ASAP! there is a mass exodus forming and it looks really bad for the younger Generation ! This extreme house price growth, alongside Australia’s ballooning household debt load has ranked second highest in the world, means that “as far as the Australian economy is concerned, house prices are everything” and getting in more investors from china can solve this issue temporarily ! but what about tomorrow
DANGER ! Australians are Carrying More Personal Debt than Ever Before ! More Dangerous Borrowing !