Over the weekend, I wrote the following article:
https://steemit.com/teamaustralia/@contemplate/australia-housing-market-bubble
As a follow up, here are some articles relating to this article:
A few thoughts/questions here:
- What lessons learned from the busting of the US housing bubble from '07/'08 would be helpful here?
- What role should the government play if there is a correction? Do they have a vested interest?
- If there is a bailout similar to the US, what would be the economic and social effects and repercussions?
- If there is not a bailout similar to the US, what would be the economic and social effects and repercussions?
- How do the different generations (Boomers, Gen-X, Millenials, etc.) view this differently?
Thoughts?