This big change coincides with another: Australia’s economy—and with it inflation, interest rates and house prices, though not the stockmarket—has decoupled from America’s.
3
对发达和新兴市场的金融危机的研究表明,房价周期与银行萧条有一致的联系。
Research into financial crises in developed and emerging markets shows a consistent link between house-price cycles and banking busts.