David from Oz Posted May 24, 2005 Report Share Posted May 24, 2005 Anyone got an AFR subscription? I'd really like to read this article: http://afr.com/premium/articles/2005/05/24...6700707338.html "World property prices on a knife-edge" reports Corinne Lim. "The private sector is polarised about the global real-estate juggernaut. Bubble or no bubble? Gentle descent or crash? Safe bet or ticking bomb? Most economists have steered clear of disaster scenarios. But the froth in many markets refuses to subside despite the best efforts of policymakers, and some observers are rightly sweaty-palmed about a recent flare-up in speculative activity." http://www.henrythornton.com/article.asp?article_id=3300 Quote Link to post Share on other sites
David from Oz Posted May 25, 2005 Author Report Share Posted May 25, 2005 I bought the (printed) paper and scanned this chart ... the LHS of the Australia chart looks scarily similar to the LHS of the Japanese chart circa 1990. Quote Link to post Share on other sites
AteMoose Posted May 25, 2005 Report Share Posted May 25, 2005 I would love to see a graph showing jap prices against uk prices over the last 40 years, isnt the Uk bubble bigger than the australian bubble? Quote Link to post Share on other sites
ShirtyTheSlightlyAggresiveBear Posted May 25, 2005 Report Share Posted May 25, 2005 Interesting graph there d.o.z. Wont help those deluded speculators on certain other forums though Quote Link to post Share on other sites
Warwickshire Lad Posted May 25, 2005 Report Share Posted May 25, 2005 the LHS of the Australia chart looks scarily similar to the LHS of the Japanese chart circa 1990.<{POST_SNAPBACK}> It appears that the Japan bubble burst very quickly, showing a very slight dead-cat bounce and then a very quick slide Interestingly though, here's no sign of the Australian line heading seriously south yet as quickly as the downside of the Japan bubble. If it doesn't soon it might start to represent .. dare I say it .. a plateau Quote Link to post Share on other sites
David from Oz Posted May 25, 2005 Author Report Share Posted May 25, 2005 Wont help those deluded speculators on certain other forums though Yes I have my work cut out over at www.propertyinvesting.com but its more fun posting where you're one of the few bears. If it doesn't soon it might start to represent .. dare I say it .. a plateau It could be ... perhaps a replay of the late 80s boom and plateau thru the early 90s, but on a much larger scale. Quote Link to post Share on other sites
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