03.10.2012 - Oz property prices near bottom
We were doing all right after the GFC. It wasn't comfortable, but comfort could be taken from having a look at Europe and the US. But then the US recovery was pushed out further and further, China faltered and Europe found itself in the midst of a second economic crisis. All the while, Australia kept chugging on. That is until 2012. The European debt crisis seemed determined to never end, the US recovery kind of stopped recovering and then we were smacked in the face by new found issues in China, namely the sustainability of the growth that has been underpinning Australia's recent outperformance...............................................Full Article: Source
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