housing finance annual rate weakest in 13 yrs, page-59

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    People suddenly say "10 years from now"


    Of course 10 years from now houses could be a lot higher.

    But I'd bet on the stock market being even higher.

    Passive says people are angry about super and will flock to houses.

    People are a lot smarter and will be looking at building a long term equity portfolio instead. With property prices still high an investor may be forgiven for selling their property at the peak and buying stocks at the bottom.

    Buy in gloom, sell in boom. Never fails people.
 
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