Falcon I will say that I think Perth property is expensive BUT. I have learn't that you cannot change the direction of the market. In 2008, 09 and 10 it was painful watching property lose value, not a time to sell so buy. In 2011 it became obvious that Perth was moving, interest rates down, rents up and listings dropping. The forces that control the market are at work right now to push property up. Every TV channel has a reno show, the spruikers are back and the RBA wants action. You can either jump on the bandwagon or wait for the easing again. But after every rise the market rarely ever goes back to what it was before. The bears on here are running down the freeway in the wrong lane, you cannot change the direction of the market. Good luck in trying.
