hmm. two of the areas i watch still have less houses on the market now than in 08 during the last 'crash'.
http://www.sqmresearch.com.au/graph_stock_on_market.php?postcode=dandenong&t=1
http://www.sqmresearch.com.au/graph_stock_on_market.php?postcode=3196&t=1
IMHO opinion the areas being hit are the speculative areas of WA and QLD??
yeah it may well spread from these areas to the south eastern states: but then again it may not.
cheers
