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Elf, Simple equation isn't it really... Interest Rate Cuts = Reduced Forced Selling Reduced Forced Selling = Stubborn Buggers on price Stubborn Buggers on price = floor under price Floor under price = no bubble popping Well, I think its simple... Cheers, Michael

Dave, For me its a case of "No news there"... I've been arguing for a while its different over here and its only been the perma-bears who've hung tenaciously to their forlorn hope of rapid house price falls that have been arguing its all the same the world over. It really is a different...