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If you think Australia has a property boom, check the US

Matthew Cranston

Australians anxiously looking to buy into the strongest property market in 32 years should thank their lucky stars they are not attempting to do the same in the United States.

There is plenty of talk of a bubble growing in the US housing market – something that sends a shiver up the collective spine of Americans hurt by the 2007 sub-prime crash. But bubble talk might be unfounded.

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Matthew Cranston was The Australian Financial Review’s United States correspondent.

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    Original URL: https://www.afr.com/link/follow-20180101-p58fa2