GERARD MINACK: My view is that house prices are about 40 per cent over fair value. Yes, I think we've got a bubble.
And it is massive. So too will be the pop. Many here are kidding themselves. Property is heading south at a rate of knots rents are too tanking.
At the point of no return in terms of selling to recoup losses. The rotting has well and truly set in. Media is all over it like a rash. Goodnight Irene
