melbourne buyers save $58,000 - by not buying

"Young would-be home buyers who took Prosper Australia’s advice – Don’t buy now! – exactly a year ago have typically saved themselves $58,000."

"I congratulate everyone who stood aside from this dreadful Ponzi scheme known as the Australian property market."

http://www.propertyobserver.com.au/residential/first-home-melbourne-buyers-who-didn-t-buy-last-year-saved-$58000-prosper-australia/2012032954073
First-home Melbourne buyers who didn't buy last year saved $58,000: Prosper Australia