First off, house prices are still rising in Australia, but for the second month in a row sales are falling. Here in Melbourne, the average house price is now $510,000 according to the RP Data Index. Melbourne prices are up 15% since January. Granted, that’s not quite as good as the stock market this year. The All Ords is up nearly 30% year to date. But it’s not bad for houses is it?
December 1st, 2009 | Dan Denning | 101 comments | Continued Our DR Global Editions: 
Monday, March 22nd, 2010
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Ftse 100 5619.62 -30.50
2010-03-22 01:36 Most Comments
- Majority of Australians Believe House Prices Will Rise in Next Twelve Months (292)
- A Date for an Aussie House Price Collapse (251)
- Australian Housing More Unaffordable in 2010 (201)
- Australian House Prices Are Severely and Seriously Unaffordable (184)
- Tell Us What Questions You Want Answered in the DR (173)
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Nobody that is incorporated globally wants to confront the liquidation. There isn't any sovereign or corporation to call in ...
Ross | 22Mar10 | More -
I'd agree that 40 years is too far ahead, SV. Even ten is a stretch of the imagination.
SV: "...if more ...
Biker Pete | 22Mar10 | More -
SV - yeah maybe, but I'd still rather be on the owning side of the situation.
Dan | 22Mar10 | More -
Alas, the lessons will STILL go unlearned by the financial sector. Every single time they are bailed out or 'too ...
Sambo | 22Mar10 | More -
BP: re: AMP loan. Some drop. State Custodians offer 5.89%, 0.6% cheaper.
Dan: doesn't your scenario actually mean "We'll all be ...
SV | 22Mar10 | More -
The population just hit 22,200,000. It's growing at 2.1% per year. Skill shortages (already looming) will necessitate increased migration, whether ...
Biker Pete | 22Mar10 | More -
Additionally to BP's comment, consider projected population growth, globally and for Australia (approximately doubling in 40 years), and what it ...
Dan | 22Mar10 | More -
OK... take 2005, Shoes. Percentage spent on mortgage: 32.1%. That's 3.1% higher than today's figure of 29%.
My point, subtle ...
Biker Pete | 22Mar10 | More -
@BP Nit picking "specific dates" is pointless...
also depends the figures you want to use the % ranges ...
Stillgotshoeson | 22Mar10 | More -
Troy, 11.000005 century BC. Upon seeing the horse the Trojans replied: "Don't look a gift house in the mouth, Laocoön!"
John | 22Mar10 | More
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Nobody that is incorporated globally wants to confront the liquidation. There isn't any sovereign or corporation to call in ...
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