australia's very own subprime crisis looming, page-147

  1. 35,472 Posts.
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    "Might pay to read Warren Buffetts take on people saying real estate should be viewed as a day trade. He makes quite some derisory analogies to show how silly the bears short termism really is. Essentially a sign of poor investment skills. Yes there will be some problems in any asset class but to go on with this day to day bloomberg attitude to real estate , in my opinion smacks of the greatest naivety possible and is bordering on being juvenile."

    hear hear
 
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