key to the opening post in this topic.
had a brief read of the rest of the thread, too many distractions.
But property prices in perth are not tied soley to the iron ore price. To think in such terms is naive.
3 key underlying variables:
*iron ore price
*iron ore volumes
*AU$
(this isolates other variables such as interest rates, government fiscal policy etc etc)
Dont just make the assumption based on iron ore prices.
