Sheeeez, this thread is drawing all the old hands out. havent heard from arthur in a while (hi mate) or nq.Wow, fri nite special! hic.
While this property upturn has more to run yet, we may very well be facing our first 'low inflation' recession in 60-70 years. Property booms at opposite times to asx, and inflation is the driver behind capital gain.
We have a whole new ball game looming. The rules have changed. Greenspan is out of bullets. War is a spanner in the works of future profits and consumer confidence.hic. Too much Chardonnay. Its after 5 oclock somehwere....
It has a while to run, then it dives, tank , tank.
