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Sydney, Melbourne Housing Is a Bubble Says Nobel Winning Economist

  • Written by Super User

SYDNEY, AUSTRALIA - Media OutReach - 31 July, 2015 - Sydney and Melbourne property prices have grown at more than 15 per cent per annum over the last three years, outperforming any other Australian markets and creating a bubble, said Nobel Prize winning economist Professor Vernon Smith.

 

Speaking at a dinner in Sydney last night hosted by the...

Read more: Sydney, Melbourne Housing Is a Bubble Says Nobel Winning Economist

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