Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
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If you are one of the many thousands of Australians at risk of being priced out of the property market, you had better wish that Harry Dent has got his sums right. Dent, an American investment guru who uses demographics to forecast economic cycles, thinks the soaring housing market is ready to burst any day now, perhaps reducing values by as much as 50% in some places. Dent, who was in Sydney this week to promote his book The Demographic Cliff, has a formidable record. He claims credit for predicting Japan’s deflationary decade and the US boom and bust of the past 20 years, and has now turned his numbers on ... (full story)