Hate to spoil the Property tea party folks, but there is a crash happening.. Eurozone debt crisis will be around for a very long time yet, and the US is on a crash course with their monumental public, and private debt. China is slowing down with their property market, and I guess the whole global village is inextricably linked. Wait for lower Iron Ore prices to possibly hit in 6 months time, hitting the ASX and super funds. The Winding back of the first home buyers grant will not help as well. Massive debt levels, rising costs, are about to make the bubble pop, just like UK, Ireland, Spain, USA, Japan, and the rest of the world..
Have a look at what's just around the corner..
www.whocrashedtheeconomy.com
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