I think you're on the money Volt, i read something similar a few months back, the gf and i are saving to buy so i follow the property market pretty closely and certainly the more expensive suburbs (in Melbourne this is) are the ones racing along, the FHB belt in the outer burbs are just plodding like a 3200m stayer.
I keep telling my mates and family that the property market is unsustainable, but no one beleives me because they've never seen anything else, i guess similar to everyone saying buy BHP at $50 as it will keep going up forever.
It's good to hear Intuition's comments from someone in the industry who isn't actually ramping the industry with the generic biased comments.
Most importantly, send me one of the Bingle clones once they're done and i'll send some pictures around of her that my mate Fev sent me....
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