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How the Housing Bubble is Remaking Australia’s Class Structure

How the housing bubble is restructuring Australian society. Are the same patterns emerging in your country?
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Submitted by Charles Hugh Smith from Of Two Minds The Housing Bubble Broke the Middle Class The bursting of the housing bubble wiped out half of the net worth of the Mortgaged Middle Class.On the face of it, American households were...

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The topic of China's real estate bubble, its ghost cities, and its emerging middle class - who now have enough money to invest and have piled into houses not stocks - and have been dubbed "fang nu" or housing slaves (a reference to ...

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Following our posting of the Australian housing market here, a reader alerts to this chart from Doctor Housing Bubble of the California housing boom. Looks familiar, no? And for reminder, here's Australia again:Join the conversation...

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