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A place to dump quotes that may be useful sometime

Wentworth branch manager Morgan Young said if the lack of supply continued, prices would grow.
"Real estate is basic supply and demand," he said. "It is always a good time to buy. (It) only goes up in the long term."

6 May 2008 - Caulfield Leader (Ref external link

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"The idea that homes are a great investment is just wrong. Stocks have historically been a phenomenally better investment. They've gone up historically for the last couple centuries at 7% real a year. Do you know what homes have done? It's just about zilch. They, they do not go up. This is one of the biggest misconceptions. It's just wrong. And people â€” I don't know how the story got started that homes are such a great investment. It's just not true."

26 March 2006 - Robert Shiller - ABC NIGHTLINE
(Ref external link

)

"Whenever the price people will pay today depends on the belief that other people will pay even more tomorrow, you've got a bubble. It takes only a slight letdown in those expectations to send the whole delightful, self-feeding process into reverse."

23 Aug 2007 - Time Magazine (Ref external link

)

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