FB ,
I wasn't asking for a date per se as I agree , these things are hard to determine . For that very reason I don't make any big claims either way . My personal view is that we are in a soft period where there is downward pressure on the high end/holiday houses type stuff . As for the normal meat and potatoes 3/4 bedder , prices appear to be steady with signs of growth in the inner urban centres .
So the numbers are telling me that there is no crash imminent . Employment numbers are still good relatively speaking and Australians are saving more than ever .
http://www.news.com.au/money/money-matters/australians-saving-more-than-ever-but-some-more-than-others/story-e6frfmd9-1226628719943
But given that some posters are absolutely certain ( their words ) that we are going to have a " crash " , I would like to see a rough timeframe i.e. 6 months , 12 months whatever . If they are so certain of this impending crash then surely they can point to national numbers that support this view .
So far no response and no crash definition .
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crash what crash, page-107
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