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Two more points I forgot to include: 16. Given 10-year property cycle, we are roughly 6 years from 2003 peak. It is simply the time to have another boom 17. Dip in median prices in December demonstrates buyer's frenzy (which is now fact of life) at the lower end of the market - indicator...

ABS definition of Unoccupied private dwellings is "...structures unoccupied at the time of the Census of Population and Housing. Vacant houses, holiday homes, huts, cabins (other than seasonal workers' quarters) and houseboats are counted as unoccupied dwellings. Also included are newly...

Well said. Now lets see what writer's agenda is. All (or almost all) media writers are salaried employees. In other words, they do what boss said. And they do not do what boss does not. I woud not comment about integrity of their bosses - what it is is common knowledge. To assume that...

In Adelaide boom lags Sydney's one on average by two years. This time lag will be longer because your market is due to the correction due to the aberration to normal flow introduced by resource bubble. Second bad thing about Adelaide (otherwise beatiful place) is that you have hsitloads of...

It seems to me that you are implying that everyone arond including REI, ABS, Westpac-Melbourne Institute, Noriel Roubini, Bloomberg are hallucinating. If so - then I am in good company because I see buyers frenzy at the moment. Good luck in bending the world to your own liking.

Interesting thing. Knowing all the right info and still coming to wrong conclusion. Agents do what you say they do when they flooded by listings, which is not the case now when they forced to fake presence of listings. The other instance they scaremonger buyers is when they condition "time...

Of course they are manipulated. Rationale for RE Agents to pump up clearance rates artificially is clear as an infant's tear: "Let's create an illusion of property boom, so those vendors stop listing in false expectation of price rises, we get no properties to sell and loose our income. Money...

Of course it is useless - all those abstract numbers. It is only voices inside your head that matter.

Thats Ok. Understanding plain English is not compulsory in this country. As long as you are not burning Australian flag, I am happy.

Why not to take English classes if you have difficulty reading? Bizzaro World - is it Zimbabwe?

Not much of reserch needed. Just stay away from everything under $600K - this is where FHB action is. And over $600K. And state the obvious - you have neither "exposure" nor "LVR". You are typical "not have" who seeks company in your misery.

Rolf, It is quiet difficult to see who is right - them or yourself. You are perhaps one of a few who might remember that back in 2002(ish) I predicted that rates in Australia must never exceed 6.5%. Interest rates are not going up any time soon. And if they will be - highly unlikely...

So you are not aware of fixed rates.

Yes, definitely a possibility. rents go up - prices go up - maintaining about 5% rental return equilibrium. But I would not give it more than 10% probability to happen. After $550K range has been swept (and this is perhaps the limit FHB will not go over because of stamp duty) - there will be...

Sour grapes or just allergy to profits?

Yes, I can. In each and every recession it was property which pulled country out of the ditch. It is not going to be any different this time. There is simply no other way. Same scenario every time - property booms, it revives residential construction, residential construction pulls the rest of...

Don't we still have 3.25% to raze off official cash rate?

Oh, please. One of them heritage listed and run down. One has structural problems. Rest already sold and on the net just to lure buyers in. Typical syndrom of listing shortage. You are late.

I know this area - and $260K is a bit on a conservative side. What would $226K have bought you back in November - for $260K now you have to settle for much worse. If you will be able to buy anything at all.

Have you ever heard of fixed rates?