Property prices falling?

So many people rely upon rising real estate prices to bolster their personal wealth. While we are familiar with high-priced property, the United States is starting to see the marked drop in prices that will put real estate seminar salespeople out of business (when and if they realise that they’re not effective anymore), and more accurately establish where we are at.

I don’t know how precisely this might affect Australia… but maybe we’re going to start separating the lucky from the skilled, and start rewarding value creation rather than just letting people ride the wave.

And with Australia continuing to rely upon primary industries, what value creation can we offer to reverse this trend?