Rubbish you say Oh thats right there is a land shortage in WA thats why the prices are so high, you have probably the least densest populated area in the world you fools, you dont live in japan or a little island. Your developers arent releasing their allotments cause they want to rip you off some more The state govt wants your taxes such as stamp duty plus they are too greedy themselves and worried about votes that they never legislated to slow the boom down. The bigger the boom the bigger the bust!! You are paying more than 10x average gross wage for a house now, historically houses have been around 3-4x average wage. You have been brainwashed into thinking property prices will always rise and never fall and in that process and because of poor lending practices you guys have become even more stupid than the rest of WA
Just wait my friend for the arse to fall out of commodities, then we will get a recession and high unemployment and forced sales everywhere
You greedy uneducated naive fools will be looking for someone to blame down the track, its either yourselves or john howard
This is no new paradigm, its they same old story, wake up to yourselves
