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Yeah but mate you took a fair bit of convincing last time we caught up! So, it would seem that you finally believe I'm not the infamous Shadow?

So I've been told! However, I did get banned from Macrobusiness today, and I don't they would ban the real Chris Joye...

Don't worry TF... when the next boom arrives I'll give you a heads up so you don't miss it again.

Perhaps a better question is why did the pre-GFC growth end. Prices were rising pretty strongly until late 2007, but that growth was killed off because interest rates were lifted too high, along with the expectation of a severe recession and unemployment ahead. And then you had people like...

There's no need for the naughty words. I'm not sure where 'Austrlalian' is, but what I said was 'Wasn't that followed about a year later by a substantial property boom in Australia?' Melbourne rose by about 30% (and Sydney by about 20%). If you don't think those were property booms (or you...

I didn't say I didn't believe there has been no change. I was simply noting that the change hasn't been particularly onerous... house prices have risen substantially since credit tightened. If you feel compelled to resort to personal attacks simply because I point out a few flaws in your...

I don't really follow your response or the relevance of that old quote? In the post you responded to, I was really just pondering the likelihood of a repeat of the last time we saw an RMBS freeze - i.e. we saw a substantial property boom about a year or so later? And by the way, when are we...

Interesting indeed. Wasn't that followed about a year later by a substantial property boom in Australia? I wonder if history will repeat?