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Asutralia: We are returning to moderate housing price growth, but no bubble: Ryder

Posted on 24 October 2012

Talk is cheap because supply exceeds demand. The cheapest talk comes from economists speaking about real estate, because supply (endless) is hugely in excess of demand (zero). There’s also a low price on the articles of most journalists about property because the demand is for a David Jones product but most of the supply is coming from Gone Bonkers.
So, after two years of price decline or stagnation in our major cities, at the first sign of price recovery they’re out there talking up a bubble. Yes siree, if you crave a bit of media limelight the shortest route is to contact a lazy journalist and give them a sound byte with the word “bubble” in it………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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