Hmmm ... heard that a new 'housing' index will be available soon for those who want to HEDGE a property portfolio.
Apparently, a number of Hedge Funds are keen to SHORT the Australian Housing Market which is considered to be up to 61% overvalued.
For mine ... Stiglitz is worth listening to.
Cheers ... tight stops.
This is only my view ... read the black stuff.
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stiglitz on house prices in australia, page-24
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