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Old 29-06-2024, 07:00 PM   #2955
prydey
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Join Date: Sep 2006
Location: Woodcroft S.A.
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Default Re: Australia housing bubble

Quote:
Originally Posted by T3rminator View Post
Looking around, there are still many with cash to splash. Take a walk around the CBD on a weekday lunch time, and all the high end restaurants are chockers. Plenty of new cars on the streets. Plenty of cash for events.
First world country but class divide is wider than ever.

Like I said above, the ones with money and spending are not the ones being hurt by rate increases.
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