Three cheers for negative gearing >_>;;

[bondchick_nett]

Andy @ work linked me to a very interesting graph focusing on housing prices for the last 100 years or thereabouts. One of the guys in the office has gone into relentless nesting mode and so our entire lunch conversation was filled with the state of the economy and whether it was smarter to rent or buy in the current housing price climate. Andy and I were both of the opinion that saving now and buying later was smart, but he was much more doom and gloom than I ...

A projected possible 43.5% correction on the US market? And the market here in Australia is FAR more inflated.

Kids? Get ready for blood.