just thought it is funny, re the thread spouting 42,000 houses for sale...(dodgy figures but lets deal with it anyway) and the bears are in raptures, claiming this is a huge number, and proof the market is on its knees...3 years worth of stock on the market now if they were talking about a population of only 400,000 people, and so 10% available....
but for gods sake, in a city of 4-5 million people, that leaves very little choice..... clutching at straws again.. Melbourne still has the highest population growth, and bursting at the seams and some think thats a scary figure.....they are easily scared then...put into context, against closer to 5 million...it means nothing
some old figures here....but they are the facts at least more reliable..than the others.. http://en.wikipedia.org/wiki/Melbourne http://theage.domain.com.au/real-estate-news/citys-population-explosion-20110331-1cng1.html
