Michael Drapac explains Melbourne's Property Bubble

Fascinating interview with developer/investor, Michael Drapac, on Melbourne's ginormous property bubble, broadcast on Morning's with Jon Faine. Original here: / property-expert-michae...

[@100kby35]

Problem with buying property is that when the crash comes you will not be able to sell it on time. Better to buy bank shares and then short them when the market tanks. Then buy property when it bottoms.