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A comment on Australia hasn't had a recession for over 25 years. Parent comment

Re:Australia hasn't had a recession for over 25 years by 2muchcoffeeman on Friday March 31, 2017 @06:24AM (#14002466)
None of the replies really explain why you'd want a recession.

If the value of my property plummeted too far and I was stuck with a massive mortgage, the first thing I would do is stop any discretionary spending until I could figure out what the future looked like.

Imagine that happened to a lot of the middle class.

I agree that prices are too high, but I can't see anything good coming from a crash.

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Re:Australia hasn't had a recession for over 25 years by ZoeZoeBee on Friday March 31, 2017 @09:47PM (#14009915)
The good would be a decrease in the number of persons forced to rent, rather than own.

Among households headed by Australians aged under 35 an extraordinary 63.4 per cent rent.[http://www.smh.com.au/federal-politics/political-opinion/no-...]

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Re:Australia hasn't had a recession for over 25 years by tmnvix on Friday March 31, 2017 @07:48AM (#14002809)
> I agree that prices are too high, but I can't see anything good coming from a crash.

Depends on your perspective. For many (possibly most) people, lower house prices are good.

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