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http://www.theadvertiser.news.com.au/commo...55E2682,00.html

"Overall, we are still in a weak market. It is still a buyers' market. But it is looking more and more likely that we are at the bottom of the downturn now."

http://www.smh.com.au/news/books/why-dont-...0283980187.html

"Baby boomers aren't looking at themselves and thinking, 'Do I really need to run the entire property market, making it impossible for young people to buy a home?' The reality is, if you're a talented 23-year-old trying to make it in Australia today, you've got a lot more competition than any 23-year-old in the 1960s had.

http://www.nzherald.co.nz/section/story.cf...jectID=10368930

Residential property

"The time for the quick buy and flick has disappeared," says BNZ chief economist Tony Alexander.

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Guest Winners and Losers

That SMH article is spot on. The guy sounds like me!

Cool eh? It's about time someone came out with that. Damn it, why didnt I think of it.

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Guest Winners and Losers

I would agree with what he said if he hadn't choosen to live in the UK. Surely it is 10x worse here.

He has yet to live and learn. I wonder what would happen if he asked the young people of the UK. It is the same. There you go budding authors!

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well always amazes me that australia could have such a property boom, its not like there stuck for space there.

it realy shows this boom is proof its not a shortage of land or housing but pure speculation and panic.

id be selling the city centre apartment and getting 10,000 acres and a billibong for the same price

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Guest Winners and Losers

well always amazes me that australia could have such a property boom, its not like there stuck for space there.

it realy shows this boom is proof its not a shortage of land or housing but pure speculation and panic.

id be selling the city centre apartment and getting 10,000 acres and a billibong for the same price

Sure, loads of space, but who lives in the middle - like, no-one! Everyone lives on the coast, so it really is not that different.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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