slow melt in house prices to go on, page-29

  1. 10,494 Posts.
    Sharedawealth must be making the bulls on the forum wet their pants undermining the already fragile "we'll right mate mutual reassurance".

    First, it US brick layers vs Aussie high rollers. Then it's the unemployment - house price fall horse and cart back down. Then it's the sick myth that most investors are high earners where the lion share of them are average wage joes. Then amazingly house price crash makes negative gearing even more appealing.

    I get it. Negative gearing + Negative equity = Positive feeling. I learned that in physics all those years ago !
 
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