貪心的小國以樓價出售它的靈魂

貪心的小國以樓價出售它的靈魂

The Greedy Little Nation That Sold Its Soul For House Prices

07/25/2018

There was a time when Australia’s housing bubble was not much more than a curiosity. Contained mostly to Sydney it seemed it would pass with a little pop and be forgotten.

Then there was a time when the bubble went national. And suddenly the little pop was going to be a big pop so monetary and fiscal policy began to distort in support of it.

Next there was a time when moral hazard became so great that the bubble grew to engulf all policy and media, marginalising an entire generation from home ownership. Politicians routinely lied to cover the collapse in evidence based policy-making.

https://www.zerohedge.com/news/2018-07-25/greedy-little-nation-sold-its-soul-house-prices