RBA says that property lending is "The lowest in 40 years"

As Australian property continues the long decline, who is going to embrace the new asset classes, and who will simply sink ?

Just as CommSec's economist Craig James was putting the overall slump in lending for property buying down to "low inflation, lower home prices, an investor strike and competition from other asset classes", evidence of this is found by the rapidly rising price of gold (the safe-haven that many turn to when almost all other investments are crashing), as well asthe ever continuing values of Collectible Cars.

It seems that the Australian obsession with property could be the undoing of many.....