I doubt very much if millions of Australians have those properties in their super funds. You are comparing a selection of properties against the ASX . Remember the ASX is rigged to only include the best performing companies and regularly removes poor performers. RFF lost 42 % today. Today was a reminder that the sharemarket can rapidly decimate life savings . Poor property purchases can also lose big time . Maybe this is the beginning and the sharemarket will crash 50% instead of the property market, where is Harry Dent when you need him.
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Dr Michael Thurn, CEO & MD
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