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

  1. 101 Posts.

    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%


 
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