What a wonderful example of a "blanket statement."
No mention from you so far of how SEGMENTED the housing market is in Australia.
Such comments illustrate a poor understanding of the Australian property market-and are often purported by acedemics who believe macro-economic theory is the answer for everything from predicting house price growth in every suburb of Australia to feeding the Third World.
Let me pre-empt your response shall I?
"Bla, bla, bla...but a falling tide sinks all boats."
Yep. Thanks for providing us with your intimate knowledge of what is happening and is likely to happen to every property in every suburb of Australia.
