My old mate and sparring partner Morry Schwartz has rung another bell on property today:
“I haven’t got one property under development and I don’t have any property development planned at the moment,” he said. “It’s much better to be out when things are toppy.”
…And while Mr Schwartz said he wasn’t “really predicting a crash, or anything like that,” it was “inevitable that the market will go down but we don’t have a clue when – or by how much”.