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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