punters prefer property shun shares

whats old is new again....recall following the year 2000....they did it then, they will do it again...
some investors have had enough of the global financial con jobs, and dont count on a reprieve after the FHB grant reduces after today.....in 2010 it will be investors returning to the markets, add the foreign investors for competition....
I note Porter Davis homes have $43000 for FHB's....enjoy
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Punters prefer property and shun shares
By Sara Rich From: The Australian December 30, 2009 11:22AM

Shares and managed funds are the least popular investments, a new survey shows. / File
AUSTRALIANS' love affair with property shows no signs of faltering, with 74 per cent believing now is a good time to invest in bricks and mortar.

According to the latest Citibank Australian Wealth Report, most people feel an investment property is the best place to park their money, followed by a savings account, fixed-term deposit or cash management trust (68 per cent) and superannuation (63 per cent),
Shares and managed funds were the least popular (less than 50 per cent). Citibank's survey was conducted by Newspoll, with a national sample of 1085 people aged 25 and over

http://www.news.com.au/money/punters-prefer-property-and-shun-shares/story-e6frfmdr-1225814658194