on the business show on SBS they are looking at property prices they are having a panel discussion on the likleyhood of a Bursting bubble. it is the next story on the show, could be worth a look
westanWhen is this show??
insider
sorry it was on when i wrote the post at 7.30pm Friday.
Video of panel discussion can be seen at http://www.sbs.com.au/business/on the panel was
Mark Rider- ubs warburg economist
michael Davoren- lj hooker
Neil Jenman
this is my synopsis
Mark Rider- fundamentals looks expensive, is overvalued but may keep going. Doesn’t see it ending soon as there is no catalyst to cause a slump at present. May be challenges in the future?
Michael Davoren- can’t talk about “one market”, beleives the market will hold up well because of the “lack of a viable alternative”. Some markets will continue to grow ie brisbane
neil jenman- believes people will lose money on property, “we are seeing the same as just before the Dot Com Bubble” Dangerous time to invest right now.
regards
westansorry full transcrip available at
http://www.sbs.com.au/business/index.php3?tid=653regards
westan
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