our leader is on tv, page-30

"Reaper11" is right to alert us to the perils
of borrowing to speculate in house prices
as that (plus inept governments)caused
house prices to crash in Europe.

I'm heavily into Aussie rental places and
listed Aussie property trusts, so I keep
a keen eye on markets. But we have
little debt and we get a good yield.

That is basically our weather cock:
If prices have a big dip - we buy.
If our yields plunge - we sell.

Otherwise we sit pat and wait.
And pay off our small debts.
Today, I paid off $1300.
Tomorrow it'll be $1500.
Life mooches on with
no big debt worries.