Australia Housing Boom Shows Signs of Cracking

For the past three decades, rising Australian housing prices have enriched families and made property the engine of household wealth. Now the boom is under threat, and the consequences are rippling across the financial system. Bloomberg's Paul Allen looks at what that means for property buyers and sellers in Sydney. (Source: Bloomberg)

For the past three decades, rising Australian housing prices have enriched families and made property the engine of household wealth. Now the boom is under threat, and the consequences are rippling across the financial system. Bloomberg's Paul Allen looks at what that means for property buyers and sellers in Sydney. (Source: Bloomberg)