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Hi Spark, With respect those of us that live "an intercontinental" lifestyle are a small and exclusive group, more likely to prop up the local drinking and girlie bar economy than the Australian housing market. Remember the last boom was triggerred by falling rates, introduction of the FHOG...

I'm also interested to understand the implications of the US 700 Billion bailout and now the announcement that the US government will assume other bad debts.........where is the money coming from? what implications will this have for the future?

I'm not a doomer or a gloomer, but I am not feeling that bullish on property at the moment. Why.........job security Credit is still tight, the US will go into a recession and as a result I think people will hang onto their money and go to ground for a while. Some people on margin in the...