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12,115 Posts.
131
02/02/13
19:57
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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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