Tc Have to agree... ( a Rarity i know) but
Younguns today...not prepared to graft, go without, or make sacrifices...
they just wanno go direct to Multi Mill$$ status, complete
with Mc mansion,all the rooms, plasma in each..you know how it goes
perhaps that is a common thread on this HC...in that, the bears resent the notion of Get rich quick and claim foul by artificial valuations-bubbles etc , and the bulls, by sharing the notion that property is not a get rich quick-fix, despite holding an often different view to current values (often with a view to the location of a piece of RE)
Who deal with values matter of factly - ie.. where is it, what is it, what factors backup the valuation...
Is there really some common ground? Maybe?
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- us economist predicts oz housing to fall 60%
us economist predicts oz housing to fall 60%, page-48
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