why property prices will/ won't crash, page-60

depthtrader, you're the only one that raised the question of prices rising in this thread.

"You don't think median house prices returning to 3 times income from 7 times income is a crash?"

yes thats a crash if income remains stagnant and property values drop by 50%.

i'm citing a 3 month blip? see my post to Dan, for me FHB volume can be removed from any data set. But what it will do is see the midpoint in a set of sales data be lower than where it was a year ago, especially with lower volume on top end. Nothing to do with sale prices. Please dont use median as an indicator for entry point. Would you believe me if i told you some suburbs still provide excellent yeilds and sales data at 1:16 affordability ratio?

"Eventually, unsold inventory will build up, the media will notice"

It's staring the market in the face right now and has been for a year. unsold inventory has built up already, and been taken off the market since. But dont wait for a journo to give you property investment advice.

"you think the housing bubble will last forever"

what bubble, it's gone. volume is not there.

gold versus property - start a new thread, gold boom does not equal property crash.