shock drop in building approvals, page-9

Hey all

If you own widgets and they are not producing enough widgets it can't be a bad thing if you own them. This is particularly so when there is a strong demand for widgets in the rental market. Couple this with propensity to drop interest rates....it can't be too bad a situation to even owe some money in owning widgets.

Not a bad time at all to be owning property, maybe the sexy days are over, maybe, but well located, desired and funded property is always most attractive in a balanced portfolio and life.

Would have loved to stick a few hundred thousand into SIR or ICG, but the same in property does not cause any loss of sleep.

all the best