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Was that 40% fall against something more stable like the US$ or gold ? Or just against the yen which increased its buying power over the last 2-3 decades ? Yet all these new money floating around will have to find a good home. If they make it to difficult to take a loan the banks will be...

Don't you need to be smart to be a real professor ? :p I'm sure he's gonna be around, in the queue at the State Housing Commission office looking for an affordable rental. :D:D:D

So was he saying that in 15 years properties will be 40% lower then they are now ? Unless he expects that his salary to be also 40% lower in 15 years he needs to redo his calculations, this time with some fresh batteries. LOL

Unless these 25-40 year olds are like dingaling, hg and a few others who have gambled everything on the stock market and are now 70%-80% in the hole. Then they come here to tell us that the single digit correction on some properties its the end of the world and a major crash like we have not...

So the only paper that takes Keen seriously these days is the same one that paid $15,000 for fake Pauline Hanson nude pics and then published them without checking the facts ? I wonder if this is an attempt to sell more papers or just a pathetic attempt to misdirect their readers from the half...