bad news bears, page-24

Let's say the premise of the arguement is sound, and house prices are going to "substantially rise" yet again.

As more and more money gets diverted into real estate, less and less is getting spent in the wider economy.

That's the reason retailing and other sectors are struggling.

Not the high AUD or mining boom though they have an effect.

Too much of people's money is being sucked up paying for a place to live, at the expense of the wider economy.

So how can it keep rising so fast?

For my mind, it can't.