multifarious mushrooms

It has been predicted that the building of new houses will fall short of demand by 20,000 houses until 2010. With an increase of about 1/4%  in the cash rate imposed by the Reserve Bank, almost every month for the last 8 or so, people with house mortgages are defaulting on their loans. These owners [...]

Posted on March 8th, 2008 under politics. Tags: housing crisis, public housing. Comments: 1