what housing bubble: question mark, page-4

hi rabbitoh,

in the london telegraph today mortgages are now being offered on 6 x earnings.

now that has to be disaster with gb rates up say 1 point more in time.

1% on 5.25 is nigh on 20% more to find. worse if no job tomorrow.

many say gold is the answer. i say stock up with tinned food and toilet paper lol.

things might just get warlike !

rents could just pop down a peg or three as home investors run for the exits, sending prices tumbling.

one thing IS CERTAIN. the rba and fed etc have not yet got this under control. more rises on the way.

be good,

40.