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Gee, it wasn't thaaaaaat good. ;) (The post I mean) :D Cheers, Michael

Hi TC, I can't agree with that logic I'm afraid... That presumes that our economy is 100% tied to commodities and that GDP is the only thing supporting house prices. I think both those premises are flawed. I've posted elsewhere the make up of GDP and shown how only a fraction of this is...

Nonrecourse, What I dislike about your posts is the way you talk about one potential outcome as if it is a foregone conclusion. Right down to claiming to know what level the ASX will bottom at and when. The problem is that noone can say for sure what will happen with credit markets over the...

Wouldn't you... ;) Unlike the equities market, the income/yield side of the equation for IPs is more resilient in tough times. The reason forward equities PERs are disregarded so much at present is because of the downside risk to the "E" (Earnings) side of the equation. On that premise...

Thought so! ;) Not all investors think the property market is in great shape at the moment, but that in no way diminishes their point of view. The out and out D&G crowd, on the other hand, have very little to offer other than a myopic deluded self-interest in financial armageddon. I'd prefer...

God on Earth, Token Funder, that is actually a really good post! As much as I hate to admit it, I'm going to have to kudo you!! :eek: But don't read into that an underlying support for the premise that prices here are set to crash. My analysis of the different markets suggests that the...

Mate, You've been posting for a while now and you're smarter than that. To run the "it was the same in the USA" argument now just comes across as ill informed. I know you're smarter than that because you've been around for a while and I've read your posts... Cheers, Michael

Come on Sim, Leave off Thommo. We all know he's a big old hairy bear, but we love him anyway. With friction you get sparks! Life would be pretty dull over here if it became the self-congratulatory club of like-minded investors. :D I'm sure Thommo owns a house or two? Cheers, Michael

Sorry Peter, tried to Kudo your post #7 this thread but told I have to spread it around a bit. Must mean there's a dirth of good posters here! :eek: ;) Kidding folks!! Cheers, Michael