Fasco-housing complex parties on FHB “blank cheque”, liar loans return

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Heil houses! Get outta the way. The fasco-housing complex tanks are rolling in, at Domain:

Sydney’s property market is set for a new boom with an undersupply of homes predicted to fuel a spike in house prices.

…CoreLogic’s Asia Pacific research director Tim Lawless said the period of improved housing affordability caused by cheaper house prices was coming to an end.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.