Australia Is a Housing Bubble, Right?

There is some national pride wrapped up in it. We also have, you guys have the American dream. The home with the white picket fence. We have the Australian dream as well. There's always been this culture of home ownership going back to probably even before Bob Menzies and the 1960s. It doesn't mean it will end soon. And I think that there might be, I think of this Hong Kong story as suggesting new heights for Sydney and a drop in Hong Kong. So given my lengthy update to you on the Australian housing market, it probably is a housing bubble. Am I wrong? Yeah, it doesn'tmean it will endSoon.