afr article, page-7

interesting article and follows my thoughts. Same goes for real estate agents, having studied at TAFE for 5 mins being able to command salaries that are leveraged directly to the rising cost of real estate. In general the increase has been far above the actual cost rising in running a real estate agency, hence another rort.

Not much option on the real estate side until someone wanting to bust the industry open will cut price commission given the majority of properties they sell have doubled.

On the investment front, DYOR and invest wisely. At a minimum go for a absolute return fund, not one of these that merely tracks the index up and DOWN while charging hefty % management fees.