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    Australian market 50% overvalued according to The Economist

    Yep. which is why people should stay clear of those areas filled with rednecks. No way would I want my properties to be leased to people like that. Imagine if they killed someone in your house - your property value would fall by 30% in one day
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    Australian market 50% overvalued according to The Economist

    Deltaberry's right - if you look at any other street besides Swanston Street in the CBD there's pretty much no one there after 7pm. And the people who are there are students who either live on/near Swanston Street or just go there from their apartments in Carlton. You'd be silly not to see the...
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    Australian market 50% overvalued according to The Economist

    All I have to say is that these bashings/stabbings have mostly occurred in Yarraville, Footscray etc. What directional bearings do these places have in common?
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    Australian market 50% overvalued according to The Economist

    just do your due diligence and you'll be fine. If you paid the right price, even if there is a market crash you will be able to weather it. Key question is - is the author of the Economist article a wealthy property/sharemarket investor? Obviously not, otherwise he would not be employed at his...
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    Australian market 50% overvalued according to The Economist

    the only economists who actually make money are called 'hedge fund managers'
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    Australian market 50% overvalued according to The Economist

    meh i think the main issue is that we have negative gearing over here whereas no such thing exists in other countries. it encourages people to buy properties even when the yield is below the interest rate
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