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"The illusion has become real, and the more real it becomes, the more desperately they want it. Capitalism at its finest." Gordon Gecko

the New Paradigm... love it. We are hearing that already but they are just mutterings at the moment. When blind delusion has fully gripped then we know it's game over.

more importantly, how does Brisbane compare and what insight does this offer?

wow. I knew it would be bad but that really is bad. What a waste of the day, 2 hrs commuting. Over here, for a similar commute you could buy something like: http://www.realestate.com.au/property-house-wa-dudley+park-119590963 All relevant to incomes tho. I see quite a lot finance roles...

gees I pity anyone that wants to live in Sydney. and for this grand sum of $1m, roughly how far from the GPO would it buy you? and how does that equate to commute time?

ah snap... wondered why everyone was talking like it was a done deal!

ok sorry I thought the current median was $770k, can't find it in all these posts. Out of interest what is it today?

the Sydney median under your forecast should have been $1m some time back. what is the point you are making here?

just wondering what this means Kenneth? Are you saying that because Australia is a religious country (which I am not so sure about) that God will prevent recession?