Reaching
Craven opportunism knows no bounds. And in the midst of equity market routs you can almost set your watch to it. A real estate agent, no doubt with AFSL in hand, blabbering about how an equity market downturn will be good for real estate. In this instance, reader Robert dropped me a line with a nice scan attached of today's Advocate. It featured Devonport real estate agent, Alan Halliwell (a regular source of Advocate talent who previously disagreed there was any large amount of empty properties around). Al-Hal was super keen to offer those ever accurate indicators of "investors are looking" and "inquiries at my agency are high." Al-Hal also offered some lessons in real estate as a hedge against inflation and how real estate will always outperform money in the bank. He rounded out reminding sellers there was a bit of stock on the market and they couldn't afford to be greedy. Of course, being little more than a craven opportunist myself, I decided to test Al...