Dopey
A very poor comparison - the bank yields need to be grossed up for franking credits to be comparable. And property yields need to be netted down for maintenance, land tax, agent fees, etc.
And looks as though the first domino is about to fall with the Chinese shadow banking market trust failures.
http://www.reuters.com/article/2014/02/14/us-china-trust-default-idUSBREA1D06420140214
- Forums
- Property
- australia's very own subprime crisis looming