housing to devalue 40 to 60 percent, page-103

Dhuy, i think the excreta is being smeared all over overvalued walls at the moment as vested interests in Aust try to maintain the spin about housing being in tremendously short supply..

take a read of this analysis, and insert Australia for Canada anytime you wish...

http://globaleconomicanalysis.blogspot.com/2008/04/canadas-housing-boom-is-over.html