The Australians are ahead of us in the cycle — their economy is very much based on Natural Resources — and they have seen some major price decreases.
So notes Australia’s Sun-Herald:
Bargains Galore? Sydney’s Best Bargains
table courtesy of The Sun-Herald
UPDATE: March 30, 2005 5:41am
India is still on the expanding side of the Real Estate boom
Real estate boom in India (Bangalore)
Bargains galore as house prices plunge (Australia)
The Sun-Herald, March 27, 2005
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.