the property crash is here in melbourne, page-45

For a minute there I thought it was Sunday afternoon which is usually when Stocko (the embittered early seller) screams to whoever will listen that PROPERTY WILL DROP 50% in the next few months.

Sometimes he moderates himself by fortelling a 40% drop.

As he sits in his rented house and the house he sold a couple of years ago is now out of his reach financially, he seems to think if he says it enough times that he will somehow buy a lovely home in Frankston for half the current asking price.

Now to all the punters out there, what odds would you give him on that one?