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Here's Comes The Pain - Australia’s Golden Run Is OVER
For years, this economy has survived on cheap debt, rising house prices, and the illusion that we’re all getting richer. But now the era of cheap debt could be over, and that could spell disaster for our debt-addicted economy.
We’ve flooded the country with people while pretending jobs would magically keep up, but they won’t, especially with the rise of AI over the coming years.
And then there’s housing, the great Australian addiction. The bubble that kept consumer spending alive because homeowners felt rich. Well, Once that bubble deflates, everything will go down hill fast.
Australia keeps choosing the easy and lazy mass immigration. But economic sugar hits such as these always wear off. And when this one does, there will be massive pain.
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#australianrealestate #housingcrisis #housingmarket #auspol #bikokonstantinos
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