Its already started in Perth, the market is not moving, auctions are at stand still, in Daglish home on auction, passed in at 1.25mill, was sold in 2008 for 1.8mill. Concerns over higher mortgage rates, Kevin Rudds 40% tax on our resource sector are placing great concerns over the Perth market. Everyone in Perth knows without the resource companies creating new projects and employing there is no future. Everyone in Perth knows but Mr Kevin Rudd. Just drive down the streets of Perth and have a look in the past 2 weeks how many more signs are going up. This is the same as what was then the start of the 12yrs of tough times in Perth. Thankyou Mr Kevin Rudd, you'll be remembered.............
