property crash now in dangerous 2nd phase !, page-14

  1. 1,252 Posts.
    "So if 50% of houses in a FHB suburb went belly up it would certainly be cause for concern"

    Like Point Cook, for instance. I did a recce over the weekend because I didn't quite believe what the chart below was suggesting. It was hard to conclude anything with absolute confidence, but there sure were a lot of For Sale signs out on median strips.

 
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