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ordinarily I would say house prices will rise in the inflationary environment and IRs track them, tho the impact of the resource boom will lead this one. rising house prices will follow the boom which will be reigned in by higher IRs. heaven help those that won't benefit from the boom and will...

only in some states. WA unemployment falling. As the boom unfolds it wouldn;t be surprising to see NSW and Vic unemplyment remain high or rising. Mobility of labour is required and the henry review is trying to address that to some extent with its attack on stamp duties...I whole heartedly...

"less cash chasing the same assets impacts on prices" this is the key part... it's not chasign the same assets. population growth chases a pool of assets that include existing and new stock. the new stock has been slowed to a trickle, hence the asset pool is smaller

I wish the heading of this thread were true, however this property crash is pretty ugly and who knows where it will end. still a lot of unrealistic vendors out there tho!

'try' being the operative word... from sept 11 to bird flu potential to sub prime - events of the past 8 years that I would hate to have tried to forecast

its hard enough to predict 1 year ahead, let alone 8.