end of the line for the speculative mania, page-21

  1. 39,009 Posts.
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    Steve ,

    You are sounding more bitter and twisted everyday .

    " Just like there will be more people dying then buying when the baby boomers start checking out, or converting their investments to cash. Why have a house that pays itself off over 30 years when you will be dead in 10.. better off selling it and spending the money.. "

    Given that the average life expectancy for the Australian male is 79 and the first baby boomer wasn't born until 1946 , you are going to be waiting for a while ...

    " Property bull arguments on why housing will go up forever just describes how bubbles are made and burst. "

    No one is saying that property will go up forever ( except you ) however while demand continues ( population growth ) and Australians choose to live on the coast in cities , prices are only going to rise , albeit at different rates .

    You need to get used to it .

 
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