aussie housing market looked like a bubble set, page-2

Yes well if it has happened in other countries it MUST happen here too, what other conclusion can be drawn?

THe fact that it has NEVER happened here, well that's just plain irrelevant.

50% hey? Yes and this will happen because the 70% of owner occupiers will rush to sell their family homes because ... why?

Oh and when they do they will live ... where?

Hmmmm, doesn't sound thought through does it?

Wait!!! The rent!! Oh yes the rents can't go higher because ... because ... Oh because they never have before risen above 29%??? But wait, Aus properties have never before fallen 20%, which is it? Are we going to make history or not?

In historically low vacancies, historically high immigration and a historically buoyant economy, properties will drop 20 - 50% ???

Ha Ha Ha. Well I guess (as always) time will tell. Personally, I will be buying more property. I will let the talkers talk, I will do.