pm....your last message ??? did u sell your units in coogee last month...... just wonder about the greedy or stupid part......... most ordinary autralians are lucky their superfunds invest in property...........and a lot of ordinary mums and dads have purchased property and held it for 30 odd years......as a form of retirement savings..........ie buy for 12,000 in the early 70's, now worth 1 million on land alone in 2007, thats neither greedy or stupid, in fact its probably been the best ever return ( talking inner melb suburbs here).............or hand over the house to the kids............compulsory super did not come in until 1986, so anyone in the workforce before that date had no super, except the executives who always had it.......
