It's not all good....

It's not all good.

https://www.linkedin.com/pulse/australias-economy-house-cards-matt-barrie

This article is from late last year and while the crash hasn't happened yet, the underlying dangers haven't gone away.

It's a long read but worth the effort.

Of course your confirmation bias will not convince you that this article raises some very grave areas of concern. You'll speak out against it no matter what is says.

In fact some notable economists have spoken out against it. But they're employed by major banks and super funds, so of course they have no vested interest nor confirmation bias!


That's the problem with confirmation bias. If I ask any real estate agent if the housing market is overvalued what do you think they're going to tell me? If I asked them when is the best time to buy property what do you think they'll say?

You say you've called out the 1987 crash and the GFC yet you say all is well now??

Sorry but that's delusional.

You're like the band on the Titanic...