Safe as houses? Not if you live in Australia

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Thread: Safe as houses? Not if you live in Australia

  1. #1
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    Default Safe as houses? Not if you live in Australia

    Safe as houses? Not if you live in Australia

    According to Jonathan Tepper, one of the worlds property bubble experts, Australia is experiencing the biggest property bubble in history. It has lasted 55 years and seen house prices increase 6556% since 1961. It is the only country we know of where middle-class houses are auctioned like paintings, he observed recently.

    When it crashes Australias economy is likely to crash too, as its the only sector which has driven GDP growth. Its one of those rare opportunities traders relish. The volatility in the market will be big and increases the chance of making a huge gain from an investment.

    You can thank State and Federal governments for this opportunity. They have done everything they can to fuel the housing market to boost Australias economy. Doing so has offset the decline in the value and volume of its chief exports iron ore and coal. In return, economic growth provided governments with tax revenue and proof to voters of the success of their policies

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    How can they budget is a question whereas the Forex market is quite unpredictable. To handle your trades nicely, you can trade with Eurotrader broker because the broker uses updated trading technology and smooth trading platform.

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