aussie new breed- 15 millionaires everyday

property and business makes some millionaires......it is the opposite to what all the bears were forecasting.. or more like wishing and hoping for on this forum....
wrong again, time after time..... I guess the morbid forecasts sounded comforting......but actually getting it so wrong, puts them way behind the line ball...again

actually its relatively easy to become a millionaire here in OZ....no wonder everyman and his two dogs wants to get into the action and live here...

extract only......

But where the sharemarket was the great wealth creator during the resource boom from 2002-2006, property and entrepreneurship has become the chief avenue to riches since the onset of the GFC.

Capital city property prices rose upwards of 20 per cent in the 12 months to April 2009, elevating many Australians to millionaire status on their bricks and mortar alone.



Read more: http://www.news.com.au/money/money-matters/australias-new-breed-of-millionaires/story-e6frfmd9-1225925679787#ixzz0zpCTDO1I