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Australian RE market

Started by KeithBurkhardt
over 7 years ago
Posts: 2972
Member since: Aug 2008
Discussion about
https://twitter.com/linzcom/status/999107537327681536?s=19 Some interesting comments in this thread. Unlikely there's any correlation to the US, however, interesting interesting they reference our last implosion.
Response by ximon
over 7 years ago
Posts: 1196
Member since: Aug 2012

Wow. Last i heard the Aussie market was on fire with auctions the rule rather than the exception a la Silicon Valley. I understand that Australia was not hurt by the Great Recession due to their strong trade relationship with China. Now that the China economy is finally slowing down, Australia appears to be feeling the effects. China's economic troubles are being felt around the world but Australia has a particularly symbiotic relationship.

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