melbourne is not that far removed is it ?
with 35 000 dollars loss of value in one year !
or brissie, with 32 000 dollars loss of value ?
(...and in sydney the losses are much much bigger than just 13 thous)
if people are living in it and the life goes on as usual...no biggie...don't lose your job and you'll be ok...with a paper loss but still ok !
nevertheless...it does make a point about TIMING THE MARKET doesn't it?
