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In some ways borrowing in Australian dollars makes sense as its current strength means that you'd probably make a profit on the FX side a few years down the line. Or you could take up Paulson's suggestion. Buy a house now on a fixed mortgage at the record low interest rates, and wait for...

I found a couple of articles on US housing via the Motley Fool Boards today. This one claims that house prices could drop by 50% more. That would constitute a buying opportunity. :D And this one talks of a second leg down in the housing market, though maybe not as dramatic as the first.

I saw this article on the Daily Reckoning the other day, which claims that 14% of all US mortgages are either in arrears or default, and that a number of borrowers are simply not making payments. I don't know how accurate it is, and I believe that the site is big on the Doom and Gloom side of...

I occasionally take a look at a website called The Value of Architecture, which lists a selection of architecturally important or interesting properties for sale in the US. There are currently a brace of Frank Lloyd Wright houses in LA up for grabs. Some of the prices are looking less...