Could a spike in credit defaults from Gen Y be part of the housing crisis?

    Could a spike in credit defaults from Gen Y be part of the housing crisis?

    March 14, 2013 – (RealEstateRama) — More of Australia’s new generation of first home buyers are living with credit defaults and a consumer advocate for accurate credit reporting says this could be a contributing factor in Australia’s dim first home buyer figures – with Gen Y facing credit lockdown in increasing numbers

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