Bull or Bear??, page-243

  1. 241 Posts.
    Ah not the REIWA??? Lol. It doesn't help them to say house prices are crashing (or bubbling for that matter).

    You quoted this pack of damn lie/statistics couple of days ago and I found my own table of damn lies/statistics to contradict you. Ah the internet...if its on there its gotta be true right?

    This is what you said about the growth of Melbourne property (was if from the Property Observer?):

    According to publicly available sales data

    Brighton (vic) median house prices have increased at 1% per annum over the past 7 years (2007-2014)
    Other suburbs chosen randomly include
    Albert park (gone "nuts") 6% / annum
    St Kilda 2%/annum
    Essendon 4%/annum
    Altona (also nuts @) 6%/annum

    These are median prices based on 100's of sales
    It's a pity how facts spoil a great bubble story
    DYOR

    And this is my graph from Domain - another bunch of property puppets.

    Melb House Prices.jpg
 
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