The good old 'housing crash' publicity machine

By Michael Pascoe
Updated May 24 2016 - 12:13pm, first published 9:19am
The percentage of average household disposable income being spent servicing the record debt is actually the lowest it's been in more than a dozen years. Photo: Louie Douvis
The percentage of average household disposable income being spent servicing the record debt is actually the lowest it's been in more than a dozen years. Photo: Louie Douvis

Step right up Capital Economics with a forecast that Australian housing prices will fall by 10 per cent – more web friendly than a supermodel's wardrobe malfunction.

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