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