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when the USD disappears and gets absorbed intot he amero - you watch what happens to debt tied to USD.

this certainly reflects with my sentiments. i don't feel there's a huge undersupply of ANYTHING.......yet, as confirmed here.

interesting - something i've always spouted is that prices can't fall 40-50-60% because the land component of most new builds is around 50% - so land values would be negative unless builders want to build for free....! good to see others realise this as well. so Aussie house prices are 50%...