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    Why Perth is a Bubble ("This Time It Is Different")

    Haha well a) The proportion is not direct (ie there could be a fixed entry price to reflect construction etc)... so in other words, just because a town has 1 person does not mean the house would be $1. There are material costs, labour costs that go towards building the house and maybe the...
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    Why Perth is a Bubble ("This Time It Is Different")

    I understand what you're trying to say and somewhat agree. But the problem I have with what you're saying is you've got to pin a time down and say when you think the crash/deflation is. Because right now you sound like my father who always said "this will all crash soon." After 10 years of a...
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    Why Perth is a Bubble ("This Time It Is Different")

    Who knows? But something doesn't feel right when a city with 1.7 million people (a town in China's standards) has similar prices to a city with 4.0 million people.
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