"Just when it appeared sales volumes could not get any worse, the decline in residential land sales continued in the March 2011 quarter," the report said.
please note: could not get any worse...
"It is likely that this is the beginning of a substantial housing correction, because the stimulus effects are continuing to fade," Dr Reeves said.
this time not from steven keen's Uni but UNSW !
but hey, what would they know ?
a bogan that can't spell and with mortar under his nails knows better than...
(havent they heard that property never goes down?)
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