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But I don't see what will support entry level prices rising faster than incomes. FHBs don't tend to have much income from the ASX, and cashed up immigrants aren't generally buying entry level properties as a place of residence. Perhaps investors could provide some support to prices here. If...

So we may see another huge boom in above average properties in 2009-11, while the bottom end of the market (where the FHBs will be more interested) may be less of a boom? Comparing that sort of growth to the 2000-03 boom would perhaps suggest that while it could be a bigger boom, it may not...

The question mark I have over another property price boom is that we moved from a low base in the late 90s, house prices were around 4 times income, our economy was slowly building pace, employment starting to increase, interest rates dropping and a shift in lending practices allowed people to...