I've been waiting for this since 2005I even been calling 2008 as...

I've been waiting for this since 2005

I even been calling 2008 as the end of the boom and saying why to my mates..

they all laughed.. and what i said has been unraveling.

if i get it all right, then prices will fall 40% - 60% on the basis of what it REALLY costs to build, and the REAL supply and demand.

remember, AU population growth is 1% P.A not enough to trip this redicules growth.. since 2000 housing should only be up 40% not 300%