wonder which country they mean ?, page-2

kincella, surely you are kidding yourself to try and feel good.

Melbourne Herald Sun today spills the beans, property down 8%.

The outlook by pundits are all unsubstantiated wishfull/ ramping thoughts in my view.

Things are not good and when we get the real figures of this closing quarter, prob late Jan, they will confirm the anecdotal of those within the trade that we have severe problems.

In the US these small rises follow the heels of a huge property collapse within the last decade, in some areas, Detroit down 90%. The US media a great one for releasing statements of "Better than Expected" They are continually found to be revising down previous figures in order to do this, and those who protest do not get a hearing.

Enzo of the RIEV on auction results was a good one and when things look a bit too crook they tend not to include some of the outlying results at all.

With Real Estate (have a sibling who is an agent) one sometimes has to wonder as it is turnover in the longer term that feathers these pockets. So why try to twist it all.