brisbane 20% drop in prices

  1. 3,404 Posts.
    Again I thought prices only went up?

    http://blog.residex.com.au/2011/10/19/regional-australia-7/

    A flat market from 2007 till 2014 represents 6 years of no growth. Considering 3% CPI that measns you have lost 18% value due to inflation!!

    So we have had a 20% correction already and the worst is still to come!! Hold on folks its gunna get bumpy!!

    But 'they' told me property only goes up??
 
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