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Hey IV, you could be right mate. That is merely my intuition and whilst my reasoning won't be for the same identical issues that we had at that time in the early 90's, the result may be the same. Ambivalent sentiment and the need to curtail the the rampant bull (property) market we've...

I concur. :) I smell 1991 in the air now. Merely my intuition and having lived thru that time, I see us ostensibly sideways for about the next five years or so. :cool: This is a general comment as there are markets within markets, however mood changes are in the air. Whilst it transacts...

A bit of both. More supply than demand for now. That's for sure. There are also still unrealistic expectations out there from some vendors. Those that want things sold are still getting reasonable prices by late last year's standards, just not the stupid prices of Feb/Mar/Apri earlier this year...

The next two weekends in Melbourne will have record listings for auctions in winter. Concommitant with spring numbers. The whiteness has been taken out of the heat for now. It was getting ridiculous. Most of those that pass in eventually sell to realistic vendors. The market here is now...