David Llewellyn-Smith

David Llewellyn-Smith

David Llewellyn-Smith blogs as Houses and Holes at MacroBusiness. David is a macroeconomic analyst and former trader. He is the founding publisher and former Global Economy Editor of The Diplomat magazine, now the Asia Pacific’s leading geo-politics and economics website. He is also the co-author of The Great Crash of 2008 with Ross Garnaut and Editor of the Second Garnaut Climate Change Review. He is the Editor-in-chief and Publisher of MacroBusiness.

Articles by David Llewellyn-Smith

Australian property bubble on a scale like no other

Bubble trouble. Whether we label them bubbles, the Australian economy has experienced a series of developments that potentially could have the economy lurching from boom to bust and back. In recent years these have included: The record run up in commodity prices and subsequent correction. The associated boom in mining investment and current reversal. Record low bond yields. The boom in housing construction. Specifically apartments, that was spurred by the low interest rates.

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