we are just reverting to the mean !, page-56

  1. 4,751 Posts.
    yes kincella and i have no doubt the affordability ratios in performing suburbs like you have mentioned ever get toward the old mean of 1:3 which is what Dr Dans advice is on this thread for the benefit of "buyers and investors determine which way the prices of 'commodity' in question are heading", do not buy anything until the mean reaches 1:3. or rather "i'm not suggesting to buy anywhere !!!"

    Dr Dan's selected suburbs, if there were any, would seem to avoid such performance.
 
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