Quote Originally Posted by nextbigthing View Post
Here's an interesting stat that may prove useful, in the 24 months following Black Tuesday, the market cap of public property companies in NZ fell by nearly four fifths!
The property companies of that time were carrying on as though there was no tomorrow. Landmark and RJI were prime examples. And anything called a share reached absurd levels, therefore a long long way to fall.Current LPTs are quite different