QBE LMI's Housing Outlook - Fresh Off the Press
- Thread starter Token Funder
- Start date
Basically officially states what a lot of the moderate posters have been saying in Somersoft over the last severals months:
* We are NOT the same as the UK/US/Japan, and trying to say that a drop in these markets justifies an equal drop in australia is a COMPLETE FALLACY
* tight rental market and undersupply of housing will support the market
* beneficial movement in interest rates that is actually passed on to the end consumer.
But of course the D&G's and armchair professors always know better
And just to further shove it up Mr Steven Keens backside, if this guy is soooooo smart, how come for all his knowledge, the best this guy could afford when he did buy his appartment was a $530k odd apartment.
Personally i will always take someone more seriously when they translate their opinions into profit, rather than just talk about it.
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