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Have to agree. It's widely know that falling clearance rates, a lot of agents leave out passed in properties in their figures to make them look slightly better. Garbage In, Garbage Out. Does anyone believe crime figures, or hospital waiting lists. Property stats are also massaged, yet...

McGraph for one would have no idea what Keen ended up doing with his money. Maybe it was a wise investment decision. Also the fact is that the correction has only been delayed due to government intervention. There will still be a correction (including inflation of 30-40%). When a bridge...

Either way, I think it's extremely bad form and unprofessional by John Mcgrath to raise and critise a transaction made by his company in a personal blog. Maybe he should also mention that the only reason prices didn't correct in 2008/2009 was the large government stimulus packages implemented...