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Australia’s property market risks being overvalued, says global investment bank

Australia is at risk of an overvalued property market, according to a leading global investment bank. Credit Suisse argues that rising house prices become problematic when accompanied by rising household debt – which is presently the case in Australia. “Price increases are not yet necessarily a problem in themselves; the risk of overvaluation often arises […]

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Kenya and the Fragile Building ‘Terrorism’

If someone would review the number of buildings that have collapsed in Kenya within the last few years, he or she would conclude that Kenya is within a strong earthquake radius. Surprisingly, Kenya has no serious earthquake history. In fact, no earthquake has been recorded in the last few years, and if any, none could […]