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Yawn. Peter, read the Macquarie bank report. Cheers, Aceyducey

Note that Always_Learning stated that it was 'hearsay'. If that's what you base your views about REAs on, why would they ever bother to correct you. :D Cheers, Aceyducey

Here's the AFR's view on the dueling property figures: Source: The Australian Financial Review, June 3rd 2004 Cheers, Aceyducey

Baloo, Sounds like you'd be more comfortable as a share trader. As a property investor, you can buy anytime in the property cycle - because you'll make money in the long-term (and you buy well). Cheers, Aceyducey

Baloo, The correct price is whatever people will pay. There's no real hard and fast answer as to what property markets will do, nationally, regionally or locally (to you). Most of the debate is about the future direction of prices, up down or sideways. And part of the confusion is due to...

Also interesting is that nationally median prices have never fallen in recorded history.....only specific markets have had falls....even during so-called property busts. :) Cheers, Aceyducey