Quote from: pattu1 on October 15, 2014, 02:10:17 PM

Quote from: jubalix on October 15, 2014, 03:58:10 AM

Sydney houses have returned 60% over the last 3 years, tax free if you live in it. That's pretty good return.

Quite a few suburbs have done 30~50% in the last year alone

Soon people will move their money out of all other forms of investments.... That will be the precursor to a big crash.

No the OZ GOV forces banks to not call in loans, as they did in the 80's. Thus is can never crash. Pretty simple really how does it help the gov to have 30%~50% of people kicked out of their homes.

Pro tip it doesn't.