a fall of 40% only burns the greedy banks and investors.
if you are going to lend money out on assetts at well above their own value, and your willing to take a loan on it then ITS YOUR OWN FAULT.
why should all future generations of australians have to pay the price for the greedy people who made up 1 decade of history.
We all know interest rates have been as high at 17.5% and everyone is whinging when they are at 4.5% that they cant cope which is historic lows
If you are going to put all your eggs in 1 basket, and bet 100's of thousands of dollars, you should at least do some research and be able to wear the cost if it fails.
To think you can scream and moan and force all new generations of australians to pick up the tab for your own greediness is just crazy
