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Home open Floreat $1000,050. Now to be auctioned, bids starting at $800,000.

Floreat being smacked as well. they are even discounting in Perry Lakes now. Mount Claremont in line with that. Difficult to seee how Claremont could be exempt. Do you have the stats? Unless it's just volume at the expense of price.

Yeah and what area is that?

Who is they? Surely not those "in the know, never vested "real estate agents? :D

Surely you are jesting with some of this. I've seen evidence of +20% drops on asking prices in these areas so you might have a) correct No evidence of more people arriving at home opens in these areas. Try it and see.

Might be talking from 2 different angles. Bad if your selling, good if your buying. Both parties are more likely to rent after a breakup which is good for existing investors.

Not in a market that's trending down. Whatever the discount percentage is, double it and then some when couples are willing to cut and run.

Many of those returning will struggle to adjust, won't be able to conceal their attitudes, and will struggle to get work. Highly likely to be an increase in relationship breakups which will place further downward pressure on an already brittle property market. A perfect storm forming really.

Certain businesses in Perth are likely to see an upturn in their patronage. Child Care will be one of them. As the miners return to Perth and are forced to take a huge hair cut in terms of salary expectations, many of their wives will be forced into the workforce to maintain a semblance of...