Property Main Source of Wealth Creation in Australia

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  • #16757
    Corporal
    Participant

    [article]827[/article]

    #16787
    MoneyNeverSleeps
    Participant

    I would imagine most of the property gain is on paper and well leveraged – these numbers would shift should we get the much expected (for last 8 years :)) property bubble burst down under

    #16800
    TradersCom
    Keymaster

    [quote=”MoneyNeverSleeps” post=6562]I would imagine most of the property gain is on paper and well leveraged – these numbers would shift should we get the much expected (for last 8 years :)) property bubble burst down under[/quote]

    Yes the bubble it seems all from overseas wish for – they have been quite wrong – no doubt at some point there is a correction but when? On paper valuations – you know the answer there … ask every CB how they have pumped asset values up so high without inflation ….

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