Bubble report

UNLOCKING THE RICHES OF OZ: A CASE STUDY OF THE SOCIAL AND ECONOMIC COSTS OF REAL ESTATE BUBBLES 1972 TO 2006

In May 2007, before the sub-prime mortgage bubble burst in the US, I published a summary of Australian real estate bubbles in this study.

Whilst it was based on Australian data, I consider it stands as a proxy for the same process that has occurred in most other countries.

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