"This isn?t necessarily something that plays out in 2011. I?m a terrible market timer. But it?s time to start talking about it. The Australia real estate bubble won?t officially end until greater fools stop paying ever-higher prices and who knows when that happens.
Humans are funny creatures. Like moths to a flame, we not only ignore the danger but are drawn even closer to it."
The greater fools, plenty of them.
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Nick Rathjen, MD & CEO
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