Naturally so, I would suggest. Following bank mortgagee sales, vast numbers of companies and individuals who, not having gone to the wall in the early '90s, nevertheless had to reduce equity in their assets by further borrowings as the '80s debt was wrung out of the system. Huge debt levels now abound, and banks are making record profits that don't seem to be matched in most other business areas. I would have thought this is more than a bit worrying. At least we can see the excesses to which some of the world's sharemarkets have arisen.
Data abounds there.
I would be interested to know if anyone at this land conference knows of a country other than Australia that keeps a tab on the number and value of national real estate transactions.