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I have no idea whether we will go into a prolonged period of contraction. I have already hedged my property exposure by fixing 70% of my loans for between 10&20yrs, so im not that fussed what happens to the property market. But the above doom & gloom report is just pulling opinions from his...

Why is a drop of 50% in order? because you say its so??? A 2% interest rate in OZ would make borrowers VERY happy, home loan affordability would increase massively. 12-20% commercial ylds implies inflation at 8%+, interest rates at 12%+ Why will you need a 40-50% deposit, even in the dark...