27.10.2008 - Australia: Housing's haves and have-nots in a stew

From The Australian: The boom produced a two-tiered property market in many Australian cities, but the global financial meltdown has left almost everyone with a lack of confidence and a degree of confusion about how it will all play out. Now Australia's housing market is made up of those who are fearful of seeing their investment decline and those who are hopeful that falling prices will soon enable them to get into the market...... Full Article: Source

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