Perth is already crashing

Perth dropped 2% in May and 1.5% in June, averaged over a year that is 20%. I predict a 2% drop each month for the next 4 months and then it should drop a further 40%+ over the next year, once the media picks the story up, back to year 2000 levels. Goto and click on each of the cities, please note these are the cities that had "land shortages", suprisingly the cities that did not have the "land shortages", like Houston did not go down!