australia's very own subprime crisis looming, page-100

Bit touchy there Hawkers.

" But Theron lies the exact problem sector-the majority of investors these days are far from savy and are buying terrible investments just like this!

And this is the scary precipice all these mum and dad Johnny come lately 'investors' find themselves in. Sure there are some savy investors but they arent the ones pumping up the market.. "

" $140k house??? My god imagine the quality of tennant...."

Your statements Hawkers . You are making all sorts of assumptions just on that little information .

Clearly you have no experience in renting these types of houses .
UT has the experience in this case so I would say he is qualified to comment while you are not .

Maybe , instead you could have politely tried to start a conversation with UT about what it's like to rent these cheaper properties and learnt from his experiences.

" Just another example of mindless and pointless bullish arrogance "

Sorry , I don't see the link between discussing property and " bullish arrogance " .

Btw , for the record , I have rented similar low price properties to people on welfare . You might be surprised that there are some really great tenants out there who just happen to not have a lot of money .