So what do you guys make of the 100yr chart then and where does this Aussie house prices never drop stuff come from.
Every spike for 100 yrs has been followed by a drop and 7 to 15 yrs stagnation afterward before regaining the origional level , and then it's off again.
Or is there some fan dangle numbers missing that make the that red line not what it appears.
It's all there so it seems in red and white but the major difference this time is that our spike is triple any of any others .
06 -10 aren't on it but we've spiked even further since then.
I think the writings on the wall ladies and gents whatever they tell us unless we have a tinkered chart, the red line is the red line and that's pretty well that.
Cheers
Every spike for 100 yrs has been followed by a drop and 7 to 15 yrs stagnation afterward before regaining the origional level , and then it's off again.
Or is there some fan dangle numbers missing that make the that red line not what it appears.
It's all there so it seems in red and white but the major difference this time is that our spike is triple any of any others .
06 -10 aren't on it but we've spiked even further since then.
I think the writings on the wall ladies and gents whatever they tell us unless we have a tinkered chart, the red line is the red line and that's pretty well that.
Cheers