vigras rojara
Honorary Master
- Joined
- Dec 28, 2016
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He's saying that rising prices is evidence that real estate valuation is not adversely affected by weakening of private property protection, and that if anything it suggests the reverse..
I'm saying there are other factors to consider when it comes to rising prices. Factors that aren't that mysterious once you take on the individual responsibility to read a bit of basic history of economics, and market clearance.
We're back at the base problem in these discussions i.e. the State has promised to do the average person's thinking for them. The average person has been suckered in to that false sense of security. To the extent that if you point out the scam, then you must be the real scammer.
I'm just seeing it in the context of this morning's discussion. The fact that SA enjoys a vibrant property market shows that people are not scared to invest in it. If they genuinely thought expropriation was likely, that wouldn't be the case.