Sydney Home Bubble Deflates as Loans Revisit 2008 Losing Streak
Buildings stand under construction at Lend Lease Group’s Barangaroo redevelopment, left, in Sydney, Australia. (Photographer: Brendon Thorne/Bloomberg)  

Sydney Home Bubble Deflates as Loans Revisit 2008 Losing Streak

(Bloomberg) -- Australia’s east-coast property bubble is showing signs of deflating at a faster clip as home-lending data recorded the longest losing streak in almost a decade.
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