I don't see any question on this forum from you noisevomit lol. How about you ask one so I can teach you something about greed, history and irrational price bubbles. I sold my last investment property at the beginning of the year. I now know what Kerry Packer meant when he said "you only get one Alan Bond in your lifetime and I've had mine". Jeez even I couldn't have dreamed someone could be so stupid to pay what he did. All of my professional colleagues have cashed out their trophy homes in the past year as well and are renting. Think about that.
I too am all cash except a number of substantial shorts on banks and REITs that I will add to until about the middle of the year. Watch Glen Stevens cut the interest rates again in April/ May and ask why he is doing this. Give yourself a hard slap, take a cold shower, talk to your dad or read a book - whatever it takes to accept that prices do also sometimes go down. And they will fall very hard this time. 1989 was play school compared to this bubble. Are you even old enough to remember what happened then? If not ask someone who was and think before hitting the keyboard again with your singular opinions and lack of research to back your argument. Call me a troll because I post relevant articles to back my opinions ha ha. Noisevomit lol, I like that.
