what is the point?, page-6

recently on the gold coast a property which cost 35 mill sold for 17 mill---50% fall---i can tell you there are similar stories up and down the east coast just like this--so havnt we had a property crash?
what i have never understood about downramping property at this time is that there is a one size fits all mentality.
kincella for instance operates in a certain market and knows that market----most guys do know the market they operate in--most home owners know the market thier house is in--id be very surprised if all markets will fall 40%,

i know of streets of suburbs that operate differently,sides of streets ,ends of streets all which have different characteristics and different propensities for rise or fall.
hence the broad doomsday predictions are a little frustrating.
so it would be better to discuss potential rises or falls in the market on a better level---a little more constructive---
and why march?