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Originally posted by bluemirage5
reply to post by leo123
I'm waiting for the housing crash to happen in Australia; I'm thinking perhaps sometime towards end of 2011 to mid 2013.
Originally posted by 13th Zodiac
Originally posted by iceblue20-12
reply to post by 13th Zodiac
Brilliant post.Yes us aussies will see the housing fall very soon an article on yahoo news predicted it to start during 2011.
We all share the same reserve bank,different banks but same owners,they want to shaft everyone, nationality does not matter.
Australia may seem to be going ok,you have stated some very important facts being kept from the public,its true we will follow the path of the USA,UK.
Canada and Australia are next.
Originally posted by tramman2000
Originally posted by 13th Zodiac
Great post, you've put my suspicions into words, I looked at a 40 yearold unit in inner eastern melbourne mid 2009, it went for 420k, 12 months later, same block, differnt unit, 520k!! all this chinese money coming into our market really hasn't helped the local jo-blo my only real hope now is for the bubble to go BANG! what sort of % fall do you predict for our market?
thanks in advance!
Originally posted by leo123
canadabubble.com...
Could easily crash by 40%-60%, just to get back to their historical price trend-line.
We are far from alone.
Originally posted by juniperberry
A couple of years ago, you could pick up a parcel of land in Saskatchewan for $1.00. Caveat was that you had to build upon it within a year. I have relatives who took advantage of that.
Sadly I live in Vancouver where a 400sqft box in the sky where the kitchen sits in a closet can go for over $400k.