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Yea well if property prices are crashing, the rest of the economy is probably not that great any way. Not to mention fx / derivatives etc trading is gambling even for experienced traders at Optiver, and I suspect you're not one?

Refer to previous post. I would've thought outer suburbs are at higher risk of busting. Who's really on the fringe here? New suburbs and new mortages and jobs most at risk? Or old lady with a fully paid off house she bought in 1975 in Balwyn North. Corporate lawyers living in Fitzroy whose...

Well similar arguments were given about resources a couple of years ago. China was and still is in the middle of developing and over 50 cities will urbanise and rival at least Melbourne if not Sydney. Base metals, bulk commodities and oil and gas consumption should continue to hold commodity...

Not sure if you're Chinese, but I deal with plenty of the sort you're referring to. They will go as quick as they come once they fundamentals of this economy is disturbed and they believe house prices are going to crash. They dumped Shanghai and Hong Kong as quick as they bought back in, and...

Exactly. The place I live in has always had abysmal yields. It's probably moved another half a mil or so in the past few months, but even without it the yields would've been like 1.5 or 2.0%. Now it's probably around 1.4%

Should surpass New York soon if it hasn't already