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When you remove easy credit there is nowhere else to go but back...

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mykef

98 Posts.

29/05/17

09:47

Post #: 24961989
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Originally posted by Hokey 5771 ↑

You will never see a 350 k median price for Perth its self the i frastructure been built here has growth written all over it next decade

What will happen I think is as Sydney and Melb cools Asian investors will look west sensing a bargain compared to the East

Perths a long way behind Sydney and Melbourne as in a living expierience but it's dearer to live here day to day it needs to catch up and thru infrastructure it slowly is

Perth reminds me of what Sydney was 10-15 years ago certainly room to grow the mining will turn it always does

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When you remove easy credit there is nowhere else to go but back to the long term trend, try drawing some trend lines on REIWA's chart before easy credit was available and make some forecasts...

https://reiwa.com.au/uploadedfiles/public/content/the_wa_market/house-prices-2013-web.pdf
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