An Australian Home Auction (Source - Sourceable/Homesales)
Many economists often tout Australia to be an idyllic economy where proper monetary and fiscal management has led to an incredible 27-year streak of no recessions. While that track record is certainly great, it is largely due to the fact that Australia is one of the primary suppliers of raw materials to China which has undergone immense infrastructural development over the past three decades.
If you've read some of my past articles, you may note that my short thesis for Canada is nearly exactly the same for