May 27, 2013

Australia - A Different Kind of Property Bubble...

Back in 2007, there was a huge bubble in, of all things, property trusts. Now there's another one in A-REITS (Australian real estate investment trusts) the new name for … property trusts. That's what you do when a name gets tarnished; you give it a new one.The weird thing about this bubble is that one of its beneficiaries, the chief executive of an actual, real life property trust, is calling time on it. And no one seems to be listening.... more》 A Different Kind of Property Bubble

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