"Imagine the irony if you'd hedged your $500,000 house at the beginning of 2009 only to see the index showing a 20% increase in house prices and then suddenly you're out of pocket by $100,000 on your bet... only to have to sell your house in order to cover the hedging loss!"
oh the irony alright Kris
Sayce was telling eveyone to do just that 2 years ago don't buy property, and yes many would be out of pocket $100k Kris - right now
