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Housing bubble? Not likely

Despite the naysayers, there is nothing about the Australian housing market that makes it obviously vulnerable.

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Claremont
Well constructed argument. People interested in this may want to check out this cool widget from "The Economist" you can graph house prices in absolute terms, real terms, against average rents and against incomes. http://www.economist.com/blogs/dailychart/2011/11/global-house-prices

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