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Well I doubt it will be that dire, but I don't think it's likely there will be many around shelling out $2m for a townhouse/apartment in Melbourne :rolleyes:

"Ordinary investors" probably have their funds tied up in an under performing fund with a high management fee through their local big 4 branch "financial planner" (read: product pusher). But we're getting a little off track here. Maybe I'll be wrong like your mates were in 2008 (although that...

Maybe they turn back on the stimulus tap. I don't think it will work as well the second time around, but if it did I'd bet that Gold would continue to outperform Victorian property like it has since 2008.

Zheng cherry picks his was through all those "facts and figures", for example there are many glaring omissions from this spiel: What about these factors which I pointed out in a recent blog post: - Australian banks tapped the US Fed for billions in emergency funding - Australian banks were...