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I don't think this time it's different at all, many locations around this country have had little or no growth for 7 years while wages have continued to grow. Several capital cities have had recent falls but when you use Ireland as an example we are not comparing apples with apples IMO

Nice chart Hobo, Perth 2006 was massive relative to the other capitals. Providing a major downturn in Sydney didn't seriously damage the whole financial system the other capitals would suffer a little collateral damage but would probably limp along IMO but it would depend on if they had...