how many could afford a 50% increase, page-28

Penicillin ,

" Acorn. Your head is in the sand again."

Actually , the head in the sand is a good idiom to use .

But not for me .

If you are taking advice on those who are not confident in the property market and believe that if you just wait , the market will crash and you will be able to buy property much cheaper .

We can't tell you when or where or how , we just know it's going to happen one day .

Don't pay any attention to the facts or the data that is being presented daily . Just put your head in the sand and when you pull it out , it'll all be over .

Yep , that's awesome advice .

On the other hand , like any diligent investor , do your homework , get involved , pay attention and keep a good eye on the commodity that have put your money into .

Or , in other words , keep your head out of the sand .

So Penicillin , all these auctions you went to . Did all the buyers personally tell you that they were buying for their kids ?
And then did the successful buyers come over and tell you that they were investors ?
And was this a representative sample for all of Australia ?

Maybe you run a market research company and you forgot to disclose this ?

Or did you read about it in an online chatroom ?

Seeing that you have this fantastic access to data that we don't have , maybe you can tell us when the crash is going to happen , what is the catalyst and where is the best deal for my money in the meantime ?

Make sure you don't say " one day " or " soon " or " in the future " as those terms are all used up .