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  1. Aaron Sice

    Garbage Journalism - article on the "imminent property bubble bust"

    because sensationalism sells. refer steven keen. if it sells, thier advertisers get exposure. 1+1=2
  2. Aaron Sice

    Garbage Journalism - article on the "imminent property bubble bust"

    sorry - what? developers need to show an IRR of at least 25% at present - and i personally think even that's too skint. then they get told - everything looks great, where are your presales? developer shows 90-100% presales. wow okay! excellent. serviceability? developer pulls out bank...
  3. Aaron Sice

    Garbage Journalism - article on the "imminent property bubble bust"

    BUT BANKS AREN'T LENDING FOR NEW DEVELOPMENTS. take that as a bearish view "...banks don't have confidence in the Aussie market..." or a bullish view "...banks are restricting supply to drive up prices of existing stock by manipulating the market into a demand heavy scenario to...
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