steve keen absolutly nailed ........

the property market past/present/into the future on today's Business Today.

IMHO very much worth a watch or read when the site is updated.

To put the interview more succinctly...one would be nuts to hold/buy a property not already owned outright into the Australian future.

Also mention's the ponzy scheme that buoyed the market during the GFC.

Whitney toward the end looked like she was itching to get to her mobile phone to tell her REA to sell NOW!

When updated:

http://australianetwork.com/businesstoday/