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I would say that the majority of the world didn't see it coming, otherwise it probably never would have happened. What did happen of course is the majority of the world carried on like there was never going to be another bad day, and they wouldn't lose any money. And, this was from some of the...

I was speaking to my MB the other night, who is very close to a local agent in the Narre Warren area. This is (was) a major growth corridor for FHB's in the southeast area of Melb. Lots of new estates and nice big homes springing up. He and the agent have been involved in a few deals over the...

No KYL, you are wrong, wrong, wrong. Don't you know that the current crop of humans are the last left to buy a property forever more, and once they have, the whole machine will grind to a halt and properties will slump to zero through no demand ever again??? :D