is it a bubble??, page-23

Sector - CBA is the major player in the market and dictate how things go. Would rather pay attention to what they have to say.

As you infer the market will dictate the terms.

With Sydney if next year runs the same a 20% drop thereafter will still leave you in front. The market will punish the bears and as long as supply is lower than demand the price will rise.

Interest rates are low for quite a while plus any rise is already factored into the equation from the lenders perspective and will have little or no impact to the prices. They might flatline if anything.

Educated opinion has to be what the market says and not economic treatise. And speaking of educated - it is spelt propaganda - nearly choked on my wheaties.

Unemployment down.
US on the way up
China stimulus benefitting iron ore miners
Free Trade agreements to stimulate economy
Roy Hill in WA and gas creating jobs
Massive civil engineering and construction projects in WA
Residential construction booming
Hotels to be built in Perth - massive job creation

Afraid the bears need to see it as it is and it is looking good.