australia's very own subprime crisis looming, page-57

Dpoey, brilliant.

There are a few guru the bears trotted out over the years

including overseas "expert"

Jeremy Grantham (Chris Joye took him on in late 2010)

"In late 2010 I offered fund manager Jeremy Grantham at GMO a $100 million challenge to profit from shorting RP Data’s house price index. Grantham claimed Australia was experiencing the mother of all bubbles – a veritable “time bomb” that would see prices correct 42 per cent."

Edward Chancellor (2010)

http://www.news.com.au/finance/real-estate/house-price-implosion-claims-ridiculous-says-local-economist/story-e6frfmd0-1225861515696

and the almighty "buy my stock tip sheet" and that's not all and sell your property now! spruikers - Money Morning, yes Kris Sayce is and was a complete and utter Muppet for 5 years on Oz housing, and loved by every righteous bear on this forum...now never to be heard of again.

Capitulated, all of them.