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  1. Shadow

    crisis=opportunity

    2010-2011. Those are just the years that appeared in my crystal ball when I last gazed in. ;) No, I expect the GFC to be over, global growth positive again, credit conditions easing, confidence back up, and lots of inflation due to the quantitative easing. In that case why will interest...
  2. Shadow

    crisis=opportunity

    Much worse now due to the record high population growth and extremely low construction activity. Rates will be lower this time... record low interest rates coming up. There are plenty of disincentives such as inadequate land release, high taxes, lack of infrastructure at the edges of our...
  3. Shadow

    crisis=opportunity

    Booms have to start somewhere. I think construction will kick off strongly, along with residential prices, around 2010-2011. Leading to a boom around 2014-2015. - Underlying demand increasing due to lack of prior construction. - Interest rates at lower levels than before. - Credit conditions...
  4. Shadow

    crisis=opportunity

    Hahaha - OK you've got me there. In my post to FHB last January I should have used the word 'moderate' instead of 'strong'. Clearly I was typing too fast and not spending enough time ensuring that my wording was absolutely consistent across all posts. In any case, I apologise for suggesting you...
  5. Shadow

    crisis=opportunity

    No, I've never said that I expect strong growth in 2008 or 2009, or a boom in 2010. That sounds like something you made up. In fact I have always said that I don't expect strong growth until 2010-2011, and then only for Sydney, with the other capitals to follow a year or two later. Sydney to...
  6. Shadow

    crisis=opportunity

    I guess you don't 'get' irony then TF... :rolleyes: My post was in response to NR's equally vacuous assertion that the falls at the top-end were a guaranteed precursor to 50% falls across the entire residential market. I don't expect Australian residential property prices to demonstrate 10%...
  7. Shadow

    crisis=opportunity

    Residential property prices are to rise 10%. This is yet to play out but the first signs of this have been in the less wealthy first home buyer areas. :rolleyes:
  8. Shadow

    crisis=opportunity

    NR - the extremest forecast is rarely the accurate one.
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