Jim writes,
The housing bubble is alive and well in Australia. This makes us appear
richer. Drop like 20-30% of the house dollar value of Australian homes -
about what has happened elsewhere post GFC and could happen here on an
economic shock - and we'd loose a little shine.
True but any such
Why Aussies are world's wealthiest
ANDREW MAIN http://www.theaustralian.com.au/business/ OCT 10, 2013 (snip)
AUSTRALIANS are per capita the wealthiest people in the world, according to
a report yesterday by Zurich-based bank Credit Suisse.
The country's wealth is also more evenly distributed
The housing bubble is alive and well in Australia. This makes us appear
richer. Drop like 20-30% of the house dollar value of Australian homes -
about what has happened elsewhere post GFC and could happen here on an
economic shock - and we'd loose a little shine.
Also, the headline US
