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Stop using brighton as your benmark, you stated categorically a 50% drop accross the board in residential markets accross australia.

Of course those that had unsustainable borrowing practices are being taken to the wall in the CURRENT environment. As the liquidity crisis continues an increasing number of marginal players will be squeezed out of the market, this will definately put a cap on any near term boom, as new...

So if the currency if going to explode due to the crash of the financial system, then lock in your loans with a very long duration fixed rate. If the currency follows South America in the 1970's, you loan will be effectively nothing and you will have close to 100% equity in your investment.:D

The more you rant the more it becomes obvious that you are just scaremongering, so keep it up. My purpose has been achieved, to highlight you unstable mentality to others on this board that might be reading your posts.

oooohhh yeah recourseee, really i dont have have trusts?????, of course you would know better than myself the way i structure my assets. I cannot deciper a balance sheet???? ohhh yea baby show me your ignorance, only you would know my background better than i would. My assets are...

Sorry token funder, as i have said before, i respect your views because they are more moderate and you back up your views with logic rather than fear. Non-recourse hasnt, he goes on about 3 forecasts: ASX at 2200, AUD at 0.38 and residential property at -50%. He doesnt seem to understand...

and further more if your AU$0.38 prediction is correct a number of my shares will be kicking someones backside. Have you considered the profit translation effect for australian companies that either export or have high degrees of foreign subsidiaries. Especially those with unique products such...

and you know the most funny thing of all, for all your yapping on this forum, if your predicitons are correct you will still be in the same boat as the rest of us with that 80% relative drop in asset value. Talk about lost opportunties:D

Mate you are talking one thing and doing another: you dont want to offload your property, yet you are talking about australian residential property falling 50% (given its fallen maybe 5% so far thats another 45% to go). Couple this with the decrease in the aussie dollar to 38c. So with the...