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Australia's housing bubble is r...

Australia's housing bubble is real and banks are to blame, says author

Lindsay David may sound crazy ­comparing Australia's banks to Lehman Brothers and Bernie Madoff. But in his mind, it's everyone else who is living in a "Disneyland" delusion by failing to spot a bank-led property bubble that shows no sign of deflating.

Lindsay David may sound crazy ­comparing Australia's banks to Lehman Brothers and Bernie Madoff. But in his mind, it's everyone else who is living in a "Disneyland" delusion by failing to spot a bank-led property bubble that shows no sign of deflating.…

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