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unless the credit tap is open for everyone like old days of 110% loans for new houses, 80% only for established house gets legislated i dont think no boom is coming as construction costs still rising, construction companies go broke left right and center. on the other hand apparently chinese...

this is true if we dont stop the boats and let in more people to fuel the boom :)

we are just shifting of coal and iron ore into LNG and other resources sector, china is slowing down on building development. i am seeing positive eitherway australia does need more houses to slow down the house prices rise due to shortages. in terms reduce the bubble and we wont have a crash...