cheaprealty net

US Real Estate Preditions for 2007, in this piece some stock market bulls hector and try to shout over Peter Schiff, they come across as clowns.  One guy actually says there's no inflation right now, expect 10% housing price appreciation this year.

Too bad they were talking about the US and not Victoria.  Here in Victoria, the 10% has been delivered.

But as Peter said, it's a fantasy, like the dot coms - those paper gains will soon disappear here, I am sure.