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I rarely focus on the micro, it was just an example. I usually am focused more on bigger picture figures such as investors as % of market, finance figures, rate of growth compared with previous peaks, auction clearance rates, etc. But I have seen some of the Melbourne investors on here saying...

...irrational exuberance? http://www.macrobusiness.com.au/2014/09/meanwhile-on-the-bubble-front-line/