http://www.debtdeflation.com/blogs/2017/...-of-cards/
"As a whole, the Australian economy has grown through a property bubble inflating on top of a mining bubble, built on top of a commodities bubble, driven by a China bubble."
This guy bangs on about bubbles and incorrectly predicted an Aus crash a few years ago, but that point is pretty hard to ignore.
Diversifying would be wise. Some of your wealth in property makes sense... but 100% doesn't sound smart.
"As a whole, the Australian economy has grown through a property bubble inflating on top of a mining bubble, built on top of a commodities bubble, driven by a China bubble."
This guy bangs on about bubbles and incorrectly predicted an Aus crash a few years ago, but that point is pretty hard to ignore.
Diversifying would be wise. Some of your wealth in property makes sense... but 100% doesn't sound smart.