no price crash in australia, page-9

The links were in the posts I made yesterday-check the threads titled '20% price drop in brisbane' and 'I thought property only went up'

http://www.news.com.au/finance/real-estate/where-you-should-and-shouldnt-invest-in-property/story-fncq3era-1226848121146

"MORANBAH: Once the growth success story of Australian real estate, Moranbah has declined massively in the past 12-18 months, thanks to coal industry contraction and growing use of fly-in-fly-out workforces. The median house price fell 45 per cent in the past 12 months and rents are now one-third of their peak levels."



http://blog.residex.com.au/2011/10/19/regional-australia-7/

A flat market from 2007 till 2014 represents 6 years of no growth. Considering 3% CPI that measns you have lost 18% value due to inflation!!