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a little bit of "vested interest - big picture" perhaps.... One of my mental reminders is "always beware the vested interest" and since this thread started with a Bloomberg article (and Morgan Stanley etc) you have to remember these guys make ALL their money pretty well from the share markets...

They might reduce it a bit, but once again, politically sensitive and Kevo wants to be local hero:D on the international circuit. Lot's of people want to migrate to Oz. Lot's and lot's of countries wish they had our "problems" ....And every other day we hear about the skills shortage, the...

YM... The only way for that kind of a huge price drop to occur, there has be a considerable number of desperate vendors. This could happen e.g. if a lot of people chose to leave Australia, but, in fact, we have the opposite happening on that front. Once we've established in general that the...

Any Australian gov't that allows house prices to fall dramatically will not be in Gov't at the next election. 70% of Aussies own their own homes. It only takes a "few percentages" swing to sack the Gov't. I think it was Jan Somers who said....."I've heard all this before". LL