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The Big Short hits Aussie housing

Australia’s property market is facing its biggest price correction in more than 40 years, with values down by 7.1% across the five major markets since early April, according to Cotality. At the current pace of decline, the housing market should break the record by early December. The housing market outlook remains dire, with for-sale listings The post The Big Short hits Aussie housing appeared…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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