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Look I actually think the crux of the article is probably true. If I was 22 yeard old right now - would i be investing in a large mortgage - the answer is NO. I reckon there has definatley beena a paradigm shift and rather than just investing in an house you are investing in huge...

He doesnt give an explanation of why house prices continue to defy wwide trends here.... Maybe if he were to look into those reasons he may have some new conclusions. Look he may have good points - hard to argue with - but they are the same old points that people have been pointing to for...