you do realise high house prices cause's major damage, look what its done to the australian economy, its stuffed it.
you do realise the person who controls the money flow of a nation controls the nation.
did you see him talking today? it was quite clear
he thinks house prices are too high. he thinks house prices are effecting next generations. he thinks people should not be investing in property anymore. he definatly think people should not be leveraging anymore. he also said he wants to make somthing happen now, instead of happening later on what its worse and hurts people more- what do you think that was? (property bubble burst).
Your favorite investment vehicle is in the hand of this guy, and he thinks its over priced and better off falling.
and you know what, he has absolute power to make the price fall, and there is nothing the government or anyone else can do to stop it.
you need to really take note of whats going on.
House prices this high is killing Australia, and its younger generation, and its jobs, and puts pressure on inflation.
