steve keen was right, page-57

  1. 2,687 Posts.
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    "I can not help but think the many property bears here on HC demanding a total collapse of the Australian housing market do so for very personal reasons"

    I am a property bear and I can say I dont want to see a total collapse occur at all, there are lots of nice people that have significant amounts of money in property.
    My point is that IMHO I dont believe it will be a good store of value during inflationary times.

    Property may keep up with the CPI, but it will struggle to keep up with the REAL rate of inflation...meaning it is likely to be a losing bet once the numbers are crunched properly.

 
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