keens ridiculous scenario, page-49

State government about to unleash more funds to firsthomebuyers in equity sharing scheme in Perth. All conspiring for another leg up in Perth in next year or two. Rates to drop more, I always said they would drop bigtime, next step is banks will be THROWING money at those of us with equity and it all begins again. Not next week but in the next year or two. Been through all this before.

Milesg - you are assuming that shares will show the same yields as before - ROI is very dismal -take into account leverage with most real estate by seasoned investors and yields on funds invested run in the 10 -30% figure. Sweeping comments on the position now don't really reflect the full position - or am I deluding myself yet again.