Exactly. If nothing happens by March 2010 then the "mother of all housing crashes" will occur in 2011, 2012 or at the very least there will be a 5% pull-back by 2100.
How very conveniant?
I have noted this type of commentary is becoming more prevalent as we continue to see house price growth in the vast majority of suburbs in Australia.
So unfortunately, as prices continue to rise in the medium to long term in most locations, this will result in a greater level of discontent amongst the MINORITY of Australians who do not own property, and therefore we can also expect an increase of negative comments by this MINORITY group.
