ASX 0.39% $58.49 asx limited

what's you problem sanddune?real estate, through outright...

  1. 753 Posts.
    what's you problem sanddune?


    real estate, through outright stupidity by the government, the mum and dad led blindly to the investement, and the lenders that gave us 100% leverage to punt on real estate, has been turned into a fiat commodity, and like any other market would have asset bubbles and panic bottoms.


    To show how much stupidity there is in real estate today, recently I attended a seminar where one of the presenters was offering a large sum of money for the referral of any idiot, i do apologize, an investor, that wanted to buy a house or unit from them.


    I guess we are in the denial stage of the husing bubble, where people deny that property prices can actually decrease.


    Arhidas

 
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