The biggest thing with Australias Property situation is the prevailing thought that it will always rise. Given the delay between the rest of the world and Australia falling many were lulled into a false sense of security.
I know myself many who brought 6 months ago claiming that she was on the up again. "yeah yeah gotta get in now its about to begin its leg up" or another common one is " its on the move again"
One of the biggest cons in Australias History. Want to start a blue at ya local pub, pop your head in the door and suggest that house prices are falling. Be on for young and old!
