Hi Matt747
Thanks for the posts.
I think you could add a few other negative elements for property to the outlook:
* Historically Strong Aussie Dollar (bad for exporters/manufacturing/ag)
* Many Australian credit cards maxed out
* Australian per capita private debt now higher than USA private debt
* Greece 99% chance of default.
* China's largest export market the EU completely stuffed.
* Unemployment in Australia on the rise
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