I would hardly call Malaga hostile, but fed up like many of us with this endless barrage of economic theory being pumped out by HC posters with no interest in property.
Your response talks of going to Europe , and quite frankly many parts of Europe are still doing well. Many countries are thriving in South America, Argentina for example does not Brazil or Mexico make. Italy is portrayed as basket case but travel there and it's a different tale as are some other nations there.
Economics has a parallel subject that is needed to be studied and that is Economic History and history and theory seldom correspond.
Australian property is on the cusp on another tick upwards thanks to policies set in place by the RBA and fed by extreme thinking. Now we will pay for all the decisions made will continued booms and busts with this incessant tampering. Those calling a rise in real estate prices because of low rates have a very good argument in reality rather than what should or should not be. The market will dictate and not some economic treatise.
