please read this and prepare accordingly, page-60

  1. 271 Posts.
    ONE OTHER THING THE BOTHERS ME THIS TIME AROUND IS THE USE OF LEVERAGE.

    We never had this type of leverage in the past.

    I would imagine people using these CFDs would be wiped out completely.

    I live on the Sunshine Coast and the volume of houses that have hit the market in the past few months is staggering.

    Especially weekenders in the hinterland.

    The sharemarket collapse will lead to a housing collapse.

    Put in a search of houses for sale in Buderim.

    There are 20 pages,with very few selling.

    A 30% sharemarket collapse has to have some collateral damage elsewhere. Especially with the huge debts people are carrying on their properties.
 
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