jimthis is exactly the sort of ill founded and desparate post m007 was talking about---irrational statements without any factual basis
rp data for instance(recently given credence on this forum) has repeatedly made the point property is not in a bubble and if you considered thier view in tandem with the rba there is only one conclusion and that is that mortgage holders are not uder great pressure,the level of savings in australia is rising since 2005 and currently not enough housing is being built=no crash
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