Yes, to think Keen still get a mention. The bear demi god of a bygone era
now haven't seen Keen on the media for years.
They still cling onto their paper theories.
We should start a list of all the reason given for a sure thing 40% crash, even a 20% correction.
Auction clearance rates below 50%
China slowdown
Interest rates (when heading for 9%+)
Deleveraging (Keen)
Mortgage stress
Overseas "experts"
Demographia stats
First Home buyers disappearing
Oversupply of units
Mining boom correction
We are gonna follow US
The MED financial meltdown
Cost of bank borrowing skyrocketing
No new low doc loans, and higher deposits required.
Bank credit tightening
We are just like Spain, Ireland, Greece even Iceland
We're in a bubble
please feel free to add to all the expert theories for a crash...as most of the previous has/ did happen, yet here we are with our major city market of Sydney on fire again.
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- crash what crash
crash what crash, page-66
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