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Still time for permabears to join Aussie home-loan party

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Property bears cite a national rise in Australian house prices of 45 per cent since 2008, with Sydney prices up 82 per cent, drawing unfavourable comparisons with the price bubbles in the US and Britain.

Sydney

SOME foreign investors who missed out on lucrative returns because they avoided Australia's residential mortgage-backed securities (RMBS) for fear of a bursting property bubble are changing their view and considering investing in Australian debt.

"Investors were less