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A very good comment

MTR I'm not negative, I just don't like people thinking that we are idiots... I can understand the media using words like that but he should know better. His words can get mum and dad investors into deep water for no good reason. The market today has a lot of risks and the returns are...

I agree, prices per individual property have certainly not doubled. If these numbers are not wrong then the high percentages will probably be due to the sale of particular type of properties . The median price often shows the wrong picture

Maybe it was the only property those people could afford. Regarding the high participation in OFI's, have you established what type of buyers these people are? It could be that mum and dad investors have now come out of the woodwork.

Michael beating the drum is nothing new. He's always trying to sign up people for that special once in a lifetime deal. but using words such as the mother of all booms IMO lowers his credibility. It's not that prices are low and are about to double overnight. Prices are already high and...