Passive .. you have posted a whole load of crap wrt to Perth .....

Passive .. you have posted a whole load of crap wrt to Perth .. and your calcs are rubbish.

first of all .. 17% rise on $100k = $117k, another 17% rise on that $117k is $136890k .. a 20% drop on that final figure is $109,512k .. 9% over two years without taking into consideration interest, CPI or any other costs.
You will be lucky to only get a 20% drop.

"The market will punish the bears and as long as supply is lower than demand the price will rise." .. wrong. The UK got smashed in the GFC and demand has always been higher than supply.

Unemployment down. .. but full time employment is down .. so the part timers will go buy houses??

US on the way up .. you mean its level of debt??
China stimulus benefitting iron ore miners
Free Trade agreements to stimulate economy
Roy Hill in WA and gas creating jobs .. what?? do you even know how many mining related highly sklled workers are out of work? Plus rates are dropping fast in Perth.

Massive civil engineering and construction projects in WA .. um like what? oh you mean that hole (Quay) near the city or some other debt driven splurge by colin.
Residential construction booming ..
Hotels to be built in Perth - massive job creation

Stop wasting everyones time here with rubbish .. the bleed here in Perth has started .. you are obviously well out of touch with reality.