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Forum: Australia

Jan 25th 2011, 7:44 am

Replies: 1,008

The Great Australian Property Swindle

Views: 103,446

Posted By GarryP

Re: The Great Australian Property Swindle

Well, if the banks collapse, or contract even more such that they won't lend, then it kind of will have to.

And the probability of that little eventuality has risen over recent years. Take a time...

Forum: Australia

Jan 24th 2011, 10:00 pm

Replies: 1,008

The Great Australian Property Swindle

Views: 103,446

Posted By GarryP

Re: The Great Australian Property Swindle

Actually it IS a good thing.

It stops money being tied up in things which aren't inherently worth the money, and which don't contribute to the real economy. Housing money is dead money.

Doesn't...

Forum: Australia

Jan 24th 2011, 7:37 am

Replies: 1,008

The Great Australian Property Swindle

Views: 103,446

Posted By GarryP

Re: The Great Australian Property Swindle

Are you telling me you think the situation is sustainable?

Give the article a read. It points up how Australia is dependent on China AND has its own vulnerabilities. Either happens and prices...

Forum: Australia

Jan 24th 2011, 7:08 am

Replies: 1,008

The Great Australian Property Swindle

Views: 103,446

Posted By GarryP

Re: The Great Australian Property Swindle

Not sure if this has been posted before, but this investment article (http://seekingalpha.com/article/246486-australia-the-last-epic-bubble-formulating-a-coherent-investment-strategy) calls Australia...

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