"Melbourne house prices soared 26.3 per cent in the March quarter last year, before the Federal Government withdrew its temporary boost to the first homeowner grant introduced as a fiscal stimulus measure during the financial crisis."
This is somehow to be considered "normal"!?
Why shouldnt it just go all the way back?
What changed in 1 quarter that justifies such an increase?
Did money rain from the sky into the pockets of all Victorians or was it just a temporary welfare payment from the government(FHB)?
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- melbourne house price fall largest since gfc
"Melbourne house prices soared 26.3 per cent in the March...
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Shanthar Pathmanathan, MD
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