Commsec housing bubble index , now that's funny !
Considering that newspapers weren't online in 2003 , I'm wondering how relevant is this comparison ? How many more ways are there to produce articles now ?
Just quietly , look what happened last time regarding peaking house prices ? You'd be a bit dirty if you sold out in 2003 because of that chart .
If someone said the same thing about the stockmarket , would you sell now ?
Maybe we should be looking at real data such as price increases , number of new houses etc.
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Commsec housing bubble index , now that's funny !Considering...
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Glen Diemar, MD
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