something to the effect of Perth being late to the party re booming prices and it will fall hard. Talk about tail wagging the dog. The Perth boom had absolutely nothing to do with some flippant feel good boom just because Sydney had one. It was the first to boom in the next cycle being the resources lead boom. It sounded as tho Melb was in recovery from all the cash swishing around and there is talk of SA going thru a similar resources boom. I think Qld has been on the up as well?
Not that I am condoning median price increases... I am quite agaisnt it in fact