Yesterday this analyst had the bizarre experience of watching two consecutive and conflicting items on the evening Television news:
- A well respected economic forecasting organization is expecting Australian domestic real estate prices to rise by around 19% over the coming three years.
- Over one million homeowners in Australia have fallen behind in their mortgage payments in an environment where one of the country's largest banks has just moved to raise its mortgage interest rates.
Question: If 2 above is a fact, then how can 1 above be possible? (more)
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