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The description of a speculation gone wrong - "It has to feel like a long-term investment" -...

The description of a speculation gone wrong - "It has to feel like a long-term investment" - comes to Australian property, where the once-bubbly market has tipped into widespread price declines. The mortgage delinquency rate hits an all-time high of 1.8% (it's 8.4% in the U.S.).
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