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Australian housing 'bubble' fears overblown: HSBC economist
Published Thu, Jul 6, 2017 · 09:50 PM
Sydney
SOARING home prices in Australia's biggest cities are driven by strong demand and a lack of supply, rather than indicating a "bubble", according to HSBC's local chief economist Paul Bloxham.
"At a national level, a key reason for rising housing prices has been housing undersupply," Mr Bloxham wrote in a research note on Thursday. "This also suggests that a significant fall in Aust…
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