Its a ponzi scheme particularly on existing property. It does...

Its a ponzi scheme particularly on existing property.

It does have the potential to do a wipeout if due to out of control

investment in property the market eventually bursts and investors and

resident homeowners could be destroyed in the process.

We need a stable property market with realistic valuations
to avoid the massively damages property bubbles that burst in other
places such as Japan and the USA. Ponzi schemes trying to exploit the tax system
is not the way to go.