rental shortage to worsen, page-15

The worst part about the whole property fiasco is we are no richer as a nation, we have just increased our debt by bucketloads.
We are not producing or manufacturing anymore, we are not putting the excess budgets into new technology we are just using it to borrow more and more.
We are just borrowing more and more similar to the tulip boom.
A man buys a can of sardines for $1 cause a normal meal costs $1, he decides to buy a few extra whilst he is there to save going back.
Someone sees him at the shops loading up and decides to do the same, another person sees both of them and thinks maybe they know something he doesnt ie sardine prices are on the rise. Another 2 shoppers spot this aswell and then the the shopkeeper notices it, he decides to put the prices up.
People see the price going up so think maybe its a good investment, the price of a can goes up to $500 and then someone stops and thinks about.
There is no shortage of sardines like there is no land shortage and the price plummets to under $1 due to the fact there is now excess sardines on the market.

Rememeber only 7 years ago the old brokers saying the tech market was fundamentally poor, all the new gurus said it was a new paradigm, well those old blokes are saying the same about property now.