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Old 25th Nov 2008, 21:14
  #12 (permalink)  
Mstr Caution
 
Join Date: Jul 2006
Location: Australia
Posts: 1,188
Property, that's the way to go long term
Maybe not that good in the short term though!

As recently as last weekend, the outgoing CEO of NAB (Michael Chaney)commented that he now sees parallels between the current conditions in Australia an the "property correction" of the early 1990's in Japan.

MC
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