australia headed for the perfect storm, page-96

  1. 61,532 Posts.
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    Funny, when property prices got to $100k people complained they had become unaffordable, then when it got to $250k they became really unaffordable and people who had not wished they had brought when they where $100k.

    With the average around $500k I bet it's the people that didn't buy previously that are complaining property is too expensive.

    After every property boom prices dropped back a bit but always recovered, there is a well established investment cycle that happens all the time.

 
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