Nothing wrong with property, I have owned it in the past. Guess the post heading should have been "who in their right mind would own property in Oz. today". Property in Berlin is hot, per one report - since 2007 prices in central Berlin have risen 10 to 15 percent a year - it's all about timing.
Re Au and Cu, my broker put me into these commodities about eight years ago, so for obvious reasons I learned to like them. However, in due course I will invest some of the profits into property. Property is still being created, but Au and Cu is not, certainly Cu, being such an essential commodity is just a good a long term bet as RE.
RE: QE3 this will come soon enough in the USA/Europe, there is even the possibility of it happening in Oz. quote Jonathan Tepper -Quantitative easing is also a possibility if the RBA is forced to buy bank debt to try to stave off a financial crisis. Under such a scenario, the AUD would fall considerably.
