those predicting first it was 40, then 50, now 60% losses since last year, are way out of whack, by over 60%....
they were/are great predictions.....
for the opposite view of reality
if that was your day job, you would be sacked by now...
these figures are after 4 rate rises, GFC mark 2, higher petrol and electricty prices, food etc....
oh and includes another federal election, and political turmoil both at home and abroad....
it really has been a tumultous year.....
and probably worse than the 1990's drama's
the figures are for mar 2010- mar 2011....not the financial year...
http://resources.news.com.au/files/2011/04/27/1226045/890372-110428-house-prices.pdf
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- syd + melb grew 2% bris + perth lost 4%
those predicting first it was 40, then 50, now 60% losses since...
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