Poised For Breakout on Positive Results, page-21

I am overweight (but not ridiculously so) these.
1/ Looking at the median Sydney prices for the last 50 (yes 50) years, I can not see one crash. In nominal terms property is the most manipulated, looked after, babied by the government industry, second only to the banks.
2/ The velocity of money is very low. So PE ratios are high, but relative to the money supply stock prices they are modest. There is the problem. It suggests the value of money will go down but I can't find the escape route because so many things look expensive.
3/ I'm told AVJ focus on the low end property rather than inner city apartments which I understand is more vulnerable.
4/ I know this sounds noobish (to follow a guru) but there is one analyst who seems to get things right when everyone else is wrong, Martin Armstrong. And he says no bear stock market ahead. He says the big swing will be from government debt to the private sector assets. And AVJ looks like a decent pile of asset.