More likely interpretation is that Keen warned of this because he quite evidently missed the greatest property boom in Australia and as with many who loose out on the ride of an asset in an upswing mode , they need to comfort themselves somehow by warning of an imminent collapse. That just has not happened in Australia and sufficient time has elapsed for distressed investors to offload, maybe with the exception of places like Surfers. The only ones under stress are the renters with increased rents and constant worry about raising a deposit.
Mike and Sero , so that you do stay up there with modern real estate research tools, the Internet is now the key to finding bargains in real estate and searching the real estate sites well documented by ALL the property experts. Additionally if spending increased time on the net was linked to poverty it does appear that you must be quite impoverished especially if the time is not used constructively m68 looking at the number of posts made .
Again Keen is not recognized by anyone as a reference point in real estate investing. The publications written by folk like Jan Sommers are quite inspirational . They subscribe to long term ism and her success is beyond dispute and worthy of consideration by anyone wanting to grow wealth through investing in residential real estate. Naturally, as with all things research is critical and the net an essential tool.
