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undesirably strong growth? wtf?

it could very well work though - i guess the biggest issues are 1) govt exit strategy - if no one buys said land, the taxpayer is left holding the bag. the only way to cure this would be an EOI and tendering/ballot system - which takes FOREVER, another nail in the coffin for planning...

so - all in all we have people arguing for a boom and people arguing for a bust. to me - i reckon lets meet in the middle and call slow, incremental growth underpinned by a stock shortage - new and old - and a bubble kept in check by tight credit. sounds like a good reason to buy now...

i call scaremongering to slow people's spending and rates to stay very close to where they are now for some time.