Indeed, I personally knew the guy behind Ronovationz… but that was 10 or so years ago.  Please don’t go asking me about him and his recently exposed behaviour in the media.

In context, it looks like he pushed it a little bit too far over the edge, particularly considering given the climate of housing unaffordability issues which really are a political hot potato at the moment. (There is no two ways about it, Australasian property prices in the main centres are way out of line relative to things globally… being other real estate markets in the world, and relative to other economic factors)

The fact that “Every investor does it”, doesn’t make it right as such.


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