Australia’s Housing Bubble Has Much Further to Fall

The Australian housing market has inflated into a major bubble over the past 40 years. But booms reach natural limits when the supply of buyers runs dry. Booms then transition into busts, and the downturn has started in Australia. Today, Dan discusses this downturn in prices and how the continued weakness can benefit your portfolio.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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