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  1. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    ***************** Dear Willfong, 1. I agree with you. 2. That is why I only sort of use the Demographia survey studies outcome as a sort of mental guide for myself, to try to understand the local Australian housing markets and to project for myself, how far its various median house...
  2. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    &&&&&&&&&&&&&&&&&&&& Dear Shadow, Kingdown and Willfong I fully agree with you. I will need to remove the phrase, "in the world" from my earlier post, on the basis of the Demographia Survey studies. Cheers, Kenneth KOH
  3. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    ******************************* Dear Willfong, 1. Alexlee has clairfied regarding the very limitations in doing a comparative housing cost studies in his a/m post. 2. I come from Singapore where land is truly scarce resource such that the majority of Singaporeans have to live in the...
  4. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    ************************ Dear Shadow, 1. Your CNN article actually refer to the cost of living in a particular country ;- not the cost of purchasing a house/unit in that city or its housing affordability levels. 2. The Demographia Survey is self-explanatory. 3. They are actually...
  5. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    **************************** Dear Shadow, In its 3rd Annual International Housing Affordability Survey 2007, Demographia has actually listed Sydney (7th most un-affordable) and Perth (as top 11th) most un-affordable cities in the world. http://www.demographia.com/dhi-ix2005q3.pdf...
  6. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    ************************** Dear Shadow, 1. I believe that at best, the total number of house sales specifically attributable to the first-time home buyers account for less than 30% of the total house sales achieved as reported over each specific reporting period. 2. Thus, I do not fully...
  7. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    Wizard's 'Tomorrow's First Home Buyers series'*' revealed 672,000 Australians plan to purchase a property before mid 2008. This represents a 70 per cent increase on the previous year, and is the fourth consecutive quarterly increase in first home buyer intentions...
  8. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    *********************** ... and not forgetting you have still not yet, knocked on all the doors for the many more potential "selling" properties whose owners may want to sell presently but have still not officially listed them for sale yet publicly through the various RE agencies or/and RE...
  9. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    Dear Shadow and Tubs, 1. When the median house price is openly reported in the local newspapers or/and by Residex or/and APM etc, is this "median house price ( for each Capital Cities)" actually referring to the median house price for the first-time homebuyers or/and the median house price...
  10. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    +++++++++++++++++++++++++++ Dear Tubs, 1. I do not think that you can effectively make some valid generalisations nor logically derive your own conclusions, as per your a/m post. 2. We all know that presently, there are 2-tiers housing markets operating across the various Australian...
  11. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    +++++++++++++++++++++++++++ Dear Tubs, 1. I do not think that you can effectively make some valid generalisations nor logically derive your own conclusions, as per your a/m post. 2. We all know that presently, there are 2-tiers housing markets operating across the various Australian...
  12. K

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    &&&&&&&&&&&&&&& Buy what we can truly afford realistically and we will have no housing affordability crisis. Cheers, Kenneth KOH
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