we are at the point that ANY CHANGE (of anything) in Australia creates a WORRY about house prices !
change in 'you name it' = problem with house prices !
food? petrol? water? electricity? pharmaceutical products? books? public transport fares?
people are so streched that any two bucks extra that you have to give to woolies or coles are the two bucks you are short somewhere else !
if it wasn't tragic for all those FHB suckers from a year ago it would be funny !
any tremor...c r a s h !
very healthy atmosphere !
ant throughout the whole ordeal we've same spruikers going: it ok! it'll come out all right! its a long term investment! its meant to pull back from time to time ! (if you keep holding and paying interest....banks have to live as well, you know!)...
and my personal favorite:
in ten years time it'll double! ! !
(is there anybody out there that still believes that lie?)
