The Ultimate Visualization Of Australia's Housing Bubble

Tyler Durden's picture

Will Steve Keen be proven 'early' and correct? We suspect so; and the following infographic from DebtConsolidation.com.au provides some more compelling evidence of the growth of the Aussie housing bubble and its geographical diversity (and should you consider a trade on the back of this - Australian bank CDS are trading near 12-month tights).

 

State of the Australian Property Market

Source: DebtConsolidation.com.au

 

...and for those thinking of a trade... Aussie Bank CDS (average)...

 

Chart: Bloomberg