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  1. Aaron Sice

    The Australian housing bubble furphy

    i think we need to look at what's happened before the slump in prices. stock in Perth and Darwin could fall 40% and still be above long-term averages.
  2. Aaron Sice

    The Australian housing bubble furphy

    ....or any statistic involving a median.
  3. Aaron Sice

    The Australian housing bubble furphy

    my point all along.
  4. Aaron Sice

    The Australian housing bubble furphy

    ...either now or back in the 50s. the glory days of wages moving and prices remaining stagnant (ie around our parent's/grandparent's time) was a period when 1) the US dollar was backed by the gold standard. 2) the AUD had not been floated 3) probably half the time we were still using...
  5. Aaron Sice

    The Australian housing bubble furphy

    .....and is one of the reasons prices have softened. the article says unless all these trends are reversed then there will be no "pop", but one of them has reversed already which explains the slowdown. so by cause and effect, we can say that article appears to be true.
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