I must remind some people once again that property market is different from share market.
Property market is illiquid and expensive.
While there was/is/always will be an active market for FMG shareholders to get out. There is NO EASY way of getting out of property.
Admittedly the system of bank lending and government tax (hellow stamp duty)/handout is absolutely ridiculously corrupt, but none of us should actively participate in bringing forward a property crash.
The market is all about psychology and expectations. A crash is not inevitable, a soft landing can be managed.
Stop talking like a doomsday sayer.
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calm before the storm, page-51
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