The ultimate visualization of Australia’s housing bubble

Will Steve Keen be proven ‘early’ and correct? We suspect so; and the following infographic from DebtConsolidation.com.au provides some more compelling evidence of the growth of the Aussie housing bubble and its geographical diversity (and should you consider a trade on the back of this – Australian bank CDS are trading near 12-month tights).

The Ultimate Visualization Of Australia's Housing Bubble

…and for those thinking of a trade… Aussie Bank CDS (average)…

Aussie Bank cds

Source: http://www.zerohedge.com/news/ultimate-visualization-australias-housing-bubble