real estate agents can be right, page-23

  1. 3,702 Posts.
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    If we each had a time machine, this would be of some use. What matters is the future, and by your figures above, it would seem that property is the top heavy one.

    Personally I dont think there will be a big crash in the property market, just years of stagnation and underperformance, possibly out to 2030. How we get to a multiple of 15 to 20 times earnings to maintain the capital growth I am not so sure about.

    But the risk of a crash is still there, especially with the strong dollar finally causing unemployment casualties in the tourism, manufacturing and retail sectors, and the banking sector following suit. Woolworths just canned 100 dick smith stores last week. Not a great sign there, jobs going at altona, banking sector shedding jobs.
 
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