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Hi Urchin I am sorry if you took great offence at my post. I was trying to highlight the importance of looking at the underlying trend and avoiding confirmation bias of short term data and noise. I did read all of your post and if you saw my reply to Max, I actually agreed that the poll could...

Urchins point was in error as he believed one quarters data was able to be extrapolated over two years and make the decine response to the question "obsolete" as he described. I know you know better than this Max because I have seen the quality of some of your posts past and present :D...

Last time I checked two years is a long time from one quarter. Also if I was marking you I'd have to give an F as the question was for the next two years and posted on 31.10.08. So the last quarter wouldn't be a valid component of the answer. Like my son who is sitting his Year 12 exams...

Depends if you borrow in real or nominal dollars :D

Residex predicted 5% pa average for Brisbane, Melbourne, ACT and Adelaide over the next three years. Sydney, Darwin and Hobart 7% over same time period. Source March 2008 Residex Report QLD Cheers Shane