property values plummet across australia, page-16

I come to Australia from New Zealand with about $10 000 in my pocket even in those days still not enough to put a deposit down pay legals and stamp duty.
In the main land there are 1.4 people per house hold so out of three homes two have only one person in it be it a five bedroom house or a one bedroom unit.
When i was growing up there were 5 people so if you go on the ratio there is around 40% more house than people to fill them.
Next when we retire after 2 years we get divorced at a rate of 50% so mum and dad are not going to live i the same house so they sell. You are looking at 3 Million people retiring in the next 10 years that is one hell of alot of property on the market.
How can property go up it can go down and it will by 60% from here you mark my words on this.
The average person can not afford a house at these loomy prices.
There have only ever been two time in Australia history that price have gone mad the first was after WW2 and the second from 1999 to 2005.
Regards Dennis