Australia’s House Prices ‘Flashing Red’, Debt to Income at Record Level

Australia’s House Prices ‘Flashing Red’, Debt to Income at Record Level

April 5, 2014 0 By News Desk
Spread the love

WAtoday reports Australia’s house prices ‘flashing red’, debt to income ratio at record levels . Australian household debt has hit a record 177 per cent of annual disposable income while housing valuations are "flashing red", according to Barclay’s chief economist, Kieran Davies

Excerpt from:
Australia’s House Prices ‘Flashing Red’, Debt to Income at Record Level