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Unfortunately I am cynical by nature so I can’t help but feel this post seems more to do with an attempted pat on the back or a desperate attempt at a “told you so” post. Let’s be honest for a moment. What did your post actually say? That the market fell by 3%? And? You predicted 5% drop...

all Keen highlights is the poor state our educational facilities are in, out west...

I disagree with this, people lost money and just because its on paper and the loss hasnt been crysalised by selling doesnt realy mean much. Further more your in negative equity which means at best case you wont be borrowing further anytime soon and worst case your lender forces you to top up...

nice post particularly given its 7 years ago and not 2 years ago, because the usual defence is "time" i.e. the falls might not have happen this year but will happen over the next 2 years. That defence is muted after 7 years. The other fact to take into account is ones own time horizon ie if...

Y-man this is anecdotal at best. For every single example you find showing 40% falls (and I doubt you can) I can find one showing the opposite. The main thing is what the market is doing. The claim of 40% falls is wrong, dead wrong, clearly wrong been established as wrong and only Keen is...

The GFC is over. By referring its own acronym its a "crisis" and we are no longer in a crisis. My post was more to do with the "beleif" people have with airy fairy economics behind some of the statements made by both sides. Your response is more to do with what I am trying to suggest/or...

It has been a while now that the dust has more or less settled since the upheival that was the "end of the world" otherswise known as the GFC had occured and given we are still here and the banks have no repossesed my house I thought I might write some words about who was right the doomsayers or...