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Saturday, July 16, 2011

The Australian Housing Market Is In a Bubble and is very susceptible to a housing crash

If you have been lucky enough to have owned Australian real estate over the last few years, you may want to take profits. The Australian housing market is in a bubble and is very susceptible to a housing crash. The likely catalyst for the sharp decline would be a major slowdown in China, which would depress demand for commodities. - in Commodity Online, a snapshot of The Gloom, Boom & Doom Newsletter

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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