laying property price myths to rest, page-23

  1. 10,836 Posts.
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    Malaga, don't be so cocksure.

    In 2001 Perth was the cheapest capital and had an unemployment rate of 7.1%

    I moved from Victoria to Perth to take advantage of the situation.

    Good things don't last forever and now it might be that Perth will return to the mean average.

    I don't believe that the commodities cycle will turn negative anytime soon, but when it does Perth will be a bellweather cyclical disaster.

 
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