blind freddy can see a housing boom...

Property bull Christopher Joye recently wrote;

"Blind Freddy can see we are embarking on a housing boom. Where else are savers going to stash their money with the cash rate at 2.5 per cent and the most attractive term deposits offering a miserly 3.9 per cent?"


This reminds me of the TINA (There Is No Alternative) argument used by stock market bulls in the US to convince investors to put their cash into stocks.

When Blind Freddy can see the trend, you know it's near an end...