Looking through the ABS figures this appears clearly the largest drop in % terms since at least 2002 (that's all the spreadsheet i found goes back to).
I would like your thoughts on that? Seems pretty substantial to me.
PS. I work in investments and super too, the vast number of people in my industry are your classic property bull and don't even consider that prices might go down (they were like this on shares pre GFC too), if anything, they're the ones with the biggest vested interest so wouldn't judge they're thoughts generally.
