robert kiysaki - explains professor keen, page-17

Aurelis1, again twisting and ignoring satatements made or inferred.

Many of the so called property are following Keen's predictions that property is to fall 40% based on raw statistics that Keen's has used that have not been adjusted for structural change. Even statistics prepared by real estate firms etc I also discount, particular those predicting the next growth centres etc

many of you have stated that property is not a good investment for various reasons ie money in the bank and renting is a better investment with out considering the non-statiscticaly factors that influence homeownership

many of you have then posted extracts from Bubblepedia to justify over supply and contradict a shortage of housing such as unoccupied homes on census as support for an oversupply when it unoccupied meant that the census collector found no one home.

Aurelis, you have even stated that you will buy in 9 months, yet you have supported and indicated that housing is not good investment. It seems as indicated that you are quibbling about price.

Many of you have indicated that what is happening in the US should be mirrored in the Australia, even though the non-recourse nature of loans, the significant oversupply, niether of which effect australia, seem to some how effect Australian circumstances.

guys, I agree housing will fall in value, but the current interest and lower expected should stop the inability to pay and keep people in houses, even with negative equity, something that many of you seem to think will cause people to sell up at any price.

Rental demand is very strong and combined with the shortage means finding siutable housing when one sells is going to difficult.

prices will fall but not 40% as keen predicts or bubblepedia wishes and as many of you wish. but agian it seems that you are arguing for lower prices to get in at the lowest price so you can make the most out of property.

As indicated property is such a good investment over time, that purchases at the wrong price are corrected over time.

But guys if you dont like property it seems that there are a lot of people argueing, developing websites and pushing books to support this and why, to get the prices down for themselves so they can be property investors.