I don't wanna suggest the bubble looks like it's bursting. But... Sad situation for these mortgage holders https://twitter.com/amworldtodaypm/status/763679729660551168 …
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yup, if so it would be reckless for a bank to lend. Hints of '08 US situation (though not as dire)
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luckily rates aren't going anywhere but down for the next couple of years. good time to borrow! (I just did)
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fortunately we can rely on the good folks at Crikey to guide us through the subprime mirehttps://www.crikey.com.au/2007/03/16/a-super-subprime-beat-up/ …
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