crash of 2010, page-14

Really???

Having doubts about the ''Great 2010 Property Crash'' are we???

So if the crash does not occur in 2010 then it may happen in 2011???

Or 2012???

Or sometime between 2012-2112???

How conveniant. An assumnption that can be changed at any point in time!!!

And I suppose that every type of property in every segment of the market will be impacted universally???

Is it little wonder that some people have had to walk a long way because their assumptions have not materialised???

Assumptions: 40% price falls, 20% unemployment and 0% interest rates.

Facts: 12% price gains, 5.2% unemployment, 4.5% cash rate.