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Australia: Housing market an outside risk in 2011

Posted on 23 December 2010

From Ninemsn.com.au: Australia’s economic recovery will probably not be derailed by a slump in the housing market. But you never know. Most likely, 2011 will turn out to be the third year of steady recovery from the global financial crisis (GFC) that caused the economy to stagger backwards for just a single quarter in late 2008.
Or will it? It is all too easy to forget a key lesson from the crisis that came to a head in late 2008……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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