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Articles like this one should be illegal. They cause unnecessary stress to a lot of people who would believe it without doing their own research.
Articles like this one should be illegal. They cause unnecessary stress to a lot of people who would believe it without doing their own research.
land, which Wirsz said being more speculative would plummet by as much as 80% and 90% in value.
Commercial property would shed at least 50% of its value, he told reporter Sonja Koremans.
who's next?
so its...
-40% keen
-50% dent
-60% wirsz
so the next merchant of doom needs to aim for -70% to get any publicity, keen would seem a ray of sunshine compared to wirsz (worse?)
do they all eat their m&m's individually and with a glass of water?
Prices have always gone up, down and sideways over time...but -60% seems a big stretch
From the same story
Commercial property would shed at least 50% of its value, he told reporter Sonja Koremans.
.....and being an astute, well read, experienced journalist....not some dripping wet behind the ears head nodding gullible 'but I'm just the messenger, don't shoot me' type journo....Sonja immediately took issue with this statement and quizzed him further as to the reasons behind this astounding statement.
He was predicting every hotel, every motel, every nightclub, all petrol stations, all shopping centres, every cafe...even the buzzing ones, every factory, every corner store, every dock and wharf, every cinema, thousands of McDonald stores, every high rise building in every capital CBD.....the lot....all smashed down by a full half.
Yep - no worries - I'll print that...sounds OK to me.
Is he selling a book too?