Greater fools push house prices to final peak, page-19

Just read and listened to some stuff by Phillip Anderson. Very interesting guy.
Still have not made up my mind about his theories but he has a lot of historical research and theories behind it.
PerthFX I don't think you can completely discount them without a bit of research and certainly not just because interest rates are low.

If anything super low rates are only going to prove him right. It is very cheap to hold debt at the moment. Given the long term borrowing that is going on, world wide, at these super low rates, the guys in the know certainly are not expecting them to rise any time soon.

I find this super interesting and definitely contradicts my forecasts for both the property and share markets. Let's debate it but do it with an open mind.