| From Smartcompany.com.au: RBA Governor Glenn Stevens has shaken up the property market by saying what everyone who reads the auction results in the Sunday papers has been thinking for months – property prices are very, very high and the amount of debt Australian property owners are taking on is getting to dangerous levels.
The fact that Stevens used his first ever television interview to make this point has rightly made plenty of commentators sit up and take notice – it is clear that the RBA is becoming increasingly concerned about the potential for a property bubble.....................................Full Article: Source
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