"Too many people put money into overpriced/mispriced housing in this country."
It is now well and truly into the too big to do something about. Perhaps 10 years ago, but now, both governments, and now all of the general public, know there is a problem, but to do what needs to be done would cause economic meltdown in Australia.
But, back to RMD, I believe it can outperform over the next 2-5 years. Looking forward to the half yearly in a couple of months for confirmation. The numbers obviously will drive the SP, the macro can take a step back!
RMD Price at posting:
$25.55 Sentiment: Buy Disclosure: Held
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