prices up 8.5%

Melbourne property prices rise 8.5% for the June Quarter
the median price $559,000. Might fall 40% one day, but heck its risen 300% since these 40% call have started. Yep lucky the bears can't put there money where there mouth is otherwise they would be broke. Imagine if some first home buyer 5 years ago had have been listening to the bears calls. And waited to buy they would be 200g behind the 8 ball.Thanks bears they would be saying you've ruined my life now instead of owning my own house I will have to rent for ever. Move out at the whim of a landlord. I really do wonder has anyone listened to these guys, If they where pickings stocks no one would listen to them as so many years of being wrong kind of makes you wonder!