property still in a funk.

  1. Hanrahan
    47,086 Posts.
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    01/12/12
    17:38
    Post #: 11135170
    My son bought a house in Cairns today. The seller bought the house 18 mths ago and suffered an ACTUAL loss of 20%. It was definitely a better than median house bought below median value for Edge Hill.

    Across the broad swathe of suburbia there is no way property has kept up with inflation. If you cop a nominal loss of 20% on top, when are people going to apologise to Keen?
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