housing affordability crisis worsens, page-23

oh yes forgot to add mrgreengrow, the conditions required for the real estate bubble to implode are

inflation - check

rising interest rates - check

unrealistic and unsupported rapid price escalations (often last gasp of bubble) - check

unwinding of bad housing debts onto the equities markets - check

emotive property shows back on prime time TV to stir up the masses to buy at any price - check

need I go on?

wonder how many highly geared properties you rent out at the moment? Not too many I hope.

What you want is a society of haves and havenots -as long as you are the one looking down.

Why not just sell Australia to America?