"millions trapped by property slump" , page-76

  1. 1,252 Posts.
    The bears here are wasting their time - too much success had by the bulls to change them now. The technique works and works - until it doesnt.

    But if the bears think their time has come, they may want to think again. Case in point - Vancouver. Just got back from there. Its housing market is completely & utterly nuts. Median prices/salary are at ~12 Why? Protracted low official rates @ 1%. If there's a GFC2, I guarantee G.Stevens will drop rates & do it fast. I reckon there's still another cadre of greater fools down under. Got to burn them first before you really do reach the peak.
 
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