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unfortunately, opinions are like a$$holes, everybody has one especially topics that there is not a clear right or wrong, and especially topics that makes think they appear smarter ;)

im trying to get my head around the truth and reality of the situation, the media (yes yes yes, we know how sensationalised they are) paint a quite rosy picture, property prices rising, wages increasing, mining has slowed down but its ok, rates at an all time low, even though unemployment...

thank god I didnt try and cash in on the mining and buy in a mining dependant area!!! edit: oops, I forgot I have one thats been vacant for 2 months ;(

interesting, those links dont seem to work for me, so debt was $9b-$10b at the peak of the market just before a economy/property market crash, so without simplyfying it too much, is increased/increasing debt a good indicator of a crash?

the current market sentiment is very interesting you have a lot of optimists and even experts saying we are as healthy as can be and economy has been slow in the past couple of years but is about to boom, on the other hand you have realists and other experts saying our national debt is too...

i see your point but I always thpught that small businesses make up a small and not so signficiant part of the whole picture,

yeah, I give today tonight as much crediblity as a drunk used car salesman , however, its interesting to note that are so many followers on two extreme scenarios

a few days ago, I turned on Today Tonight (by accident I promise) and it had some report about property prices booming blah blah blah, and how our overall economy is booming fast fwd a few days and I watched a segment on a more credible ABC report the crux of the ABC report was, our...