bob day: houses 9 times income, page-50

  1. 37,628 Posts.
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    Hey Prosperman ,

    Absolutely right . You've got to take all the data in context and then make your own decision . All I'm saying is the more data you can look at , the more informed choice you can make .

    It's your hard earned after all . There's no point blaming anyone else if you invest it poorly .

    Yes , retail is struggling . But it is also evolving . Some day we will look back at this time and realize that a major revolution in retail is occurring thanks to the internet . It's sad to see major brands go under but if you look at history , it's always happened .
    It's simply called progress .

    I actually think that retail will pick up in the next couple of years as people start to spend a little more. It's just going to be a bit different to how it was .

    Not sure what the comment about the politicians was ?

    As for data , here's some.

    http://www.ampcapital.com.au/olivers-insights/post?nodeid=1082

    As you can see , we are still above trend but we appear to be returning to trend hopefully .

    Or this :

    http://www.reiv.com.au/Property-Research/Median-Prices

    Note the chart for Melbourne median house prices . I would call the rate from 2010 on compared to the previous period a massive slowdown actually . And that's using REIV's own data !
 
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