asx versus real estate in the near future, page-18

No in the US they gave loans to homeless people, low income people anyone that would sign a piece of paper.Then they packaged them up as bonds and sold them all round the world with AAA ratings.In Australia we have banks letting people borrow large amount on house after house(driving price through the roof).Check the peter spann method of investing.This is all very nice till growth stops and we have people who has houses that are worth less than they owe. My understanding of bubbles are the biggest price rise is just before the finish.Oil Coal Food