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I think I've raised this point before, but the availability of credit is the largest single driver of prices ( after all, without credit, the majority of prospective participants in the market can't participate, and only a very small percentage of those who can participate can do so without...

The reason I ignored your link is because honestly, it's an irrelevant piece of supporting 'evidence". Respectfully, it's real estate 101 for almost every property sold these days to be advertised with a low quoted priced range, when the vendor is actually seeking significantly more than...

50% increases on last year? Tripled equity in a year? Come now, a little less hyperbole and a little more sensible commentary, please :) There isnt a piece of data available anywhere to support your claims of 50% price rises in Sydney or Melbourne in the last 12 months - unless someone...

It's only sustainable if the Chinese continue to have an insatiable appetite and continue to pay record prices for the stuff we dig up and ship overseas... and all indications are that neither of those things are going to continue at the rate they had been occurring at previously...