have a look at this. perfect example of a prop investor blind to...

have a look at this. perfect example of a prop investor blind to reality twisting facts to what they want to belive.

http://www.theage.com.au/business/housing-prices-soar-17-to-record-20091231-lky9.html

Melbourne house prices sour 17% in the selected months they mentioned

WOW

but hang on a minute, melbourne house prices dropped 15% over the 15 months prior to their time frame

so property in Melbourne over 2 years from Dec 07 to Dec 09 has gone sideways.

and the only reason it "recovered" was because of 5% home loans and FHB

who is living in the dream world?