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Mmm...Maybe I shouldn't have said anything then... In that thread in which I am now ashamed of, one of the (many) things I said was that your arguments were not sincere because you have negatively geared investment properties. I just thought that nooo...someone didn't read my apology...

Ugh. Hopefully this is not due to my (wrong) accusation. I would just like to reiterate that I was completely in the wrong.

The numbers for the US are lowered by the fact that large swathes of the US did not experience a housing bubble - Texas (2nd largest state by population) and the mid-West (excluding where they build cars). This was one of the main reasons why the Fed at the time rejected the prospect of a...