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1.Market Observations, 8.Was Sticky

17 Mar 2017 (TheAge,SMH) – Confidence in housing collapses to lowest level in 40 years: survey

(17 March 2017, The Age, p1, by: Eryk Bagshaw, Peter Martin)

‘Confidence in the housing market has collapsed, with the number of Australians describing property as the wisest place to put their savings falling to its lowest level in more than 40 years. The Melbourne Institute of Applied Economic and Social Research has been asking about the wisest place to store savings since it began its consumer confidence survey in 1974.’

Read more at TheAge.com.au

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