hurry buyers time to buy or you will be sorry, page-80

Point taken Sector Lead, my bad there. I blame lack of sleep and too many young children to take care of at the moment.

Despite the bounce in June, in your article it says:

"For the whole second quarter, home prices were up just 0.2 per cent on the previous quarter."

Which is not a great result, it's once again a loss in real terms. But probably not as bad as many have fared on the equity markets. Investing in cash would have been better than 0.2% in a quarter in any case.

Personally, I now believe we will see a short term and fairly mediocre recovery in equities until about mid to late August, then things will get progressively worse over this year and into next year. I expect losses in real terms for property to follow and continue. As the shine starts to wear off the Australian economy, so too should the desire for OS money to invest in the country.