dear redmond, housing prices at the top end are falling, but at the bottom end they have stabilised as the FHB have moved in.
So not usre of how you are arguing now - idealogically, rationally, irrationally or just frustrated that the market has not done what it was supposed to do.
Redmond, are you truly convinced that 40% falls are on the go given that the reserve bank is wiling to protect the home owner.
for me it makes no difference as it just opens othe ropportunities, but I dont beleive that this will occur.
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