oh yes forgot to add mrgreengrow, the conditions required for the real estate bubble to implode are
inflation - check
rising interest rates - check
unrealistic and unsupported rapid price escalations (often last gasp of bubble) - check
unwinding of bad housing debts onto the equities markets - check
emotive property shows back on prime time TV to stir up the masses to buy at any price - check
need I go on?
wonder how many highly geared properties you rent out at the moment? Not too many I hope.
What you want is a society of haves and havenots -as long as you are the one looking down.
Why not just sell Australia to America?
oh yes forgot to add mrgreengrow, the conditions required for...
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