The devils advocate

  1. 10,920 Posts.
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    Hell is empty and all the devils are here - and the devil is the market. There is no doubt that the property market, along with the stock market is currently in a state of hyper exuberance. That's lovely while the bubble continues to inflate and we're all riding the property Bull of good fortune off the back of low interest rates and stimulus. But make no mistake, sooner or later the devils minion of inflation will herald higher interest rates and the bubble will burst, and the overleveraged will be devoured by the Bears. Nothing lasts forever - not even the rocks, and change is the only constant.
 
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