Australian housing FOMO turns into FOOP
For decades, as values continued to march ever higher, Australia’s housing market was in a state of FOMO (i.e., the “fear of missing out”). Sure, there were dips along the way. However, Australians never wavered in their belief that home prices always rise over the medium to long term. However, following the Reserve Bank’s rate The post Australian housing FOMO turns into FOOP appeared first on…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
