Researchers rely on empirical phenomena. With that said, anyone who is calling a top now must have a very accurate crystal ball?
So rather than arguing relentlessly I'll post an update every few months.
NB: The following data demonstrates that posting on Internet forums/comments sections does not influence audience perception.
Have a great Easter:
RP Data-Rismark Daily Home Value Index - 17.04.2014
Sydney 769.96 -0.29 +5.29% +17.35%
Melbourne 671.35 +1.19 +3.67% +11.97%
Brisbane (inc Gold Coast)491.84 -0.17 +2.96% +6.00%
Adelaide 444.49 +0.55 +2.22% +3.69%
Perth 610.38 +0.33 -0.56% +4.93%
5 capital city aggregate 641.98 +0.32 +3.59% +11.64%
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- end of the line for the speculative mania
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