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That's what I took from that comment as well, but are you surprised that this is his public view given his companies involvement with such products as EFM? If you are familiar with this product you would understand that just like the banks Joye/Rismark have a heavy interest in rising prices and...

lol Aaron. Is that a reference to the housing market or the quality of posts in this thread? :D

You're dreaming or thinking of another user (which would not surprise me given your mixup in the last post), I have certainly not been sparring on this issue with you for "years", if you think otherwise then please link an example post that is older than 12 months.

Grantham hasn't even acknowledged Joye's childish antics, much less taken him up on the bet. I don't know too many monkeys that are involved with running companies that have $100B+ assets under their control. I suspect you are thinking of the Keen/Robertson bet. I only changed it to that...

Oh dear! Not another property bull trying to use a ridiculous bet to lend legitimacy to their view... It won't work for Christopher Joye and it won't work for you tcocaro.

That's a great way of putting it IV. I see a lot of investors expecting the status quo to continue without giving much thought to the consequences if they buy an over valued asset and it doesn't (not just property). Past gains are no guarantee of future returns.

With some interesting data out this week I thought it would be worthwhile summarising some of the more interesting points and more into a blog I wrote tonight. You can view the blog here: Australian Housing - RBA Raises Cash Rate Or if you like being spoon fed :p here is the cliff notes (also...