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another factor holding back a boom is the 4 big'uns holding over 85% of all mortgages. all they want is the good mortgages - anything that smells even remotely "off" is being binned. VERY different to the lo-doc boom of 2003-2007.

i think TheAnalyst is pointing to the one off boom "not counting" in some of those figures. however, it's very likely we may see another in a few years' time.

i am posting in context. what happened to rents during those flat periods? either way - as the owner, you win.

some VERY interesting things happening in Port Hedland at the moment - look up Amendment 22.

we must operate in different circles then. sorry for the generalisation - i can only call it how i see it.

Port Hedland about to be re-zoned to "no maximum density" for the West End. Boom wil be kept in check by labour shortages - unless a skilled migrant deal can be struck - whereby Aus recognise foreign qualifications. My property (high-ish end) back to late 2007 values as of last week. DA...