Only way is up if you take the long-term view

Two weeks after the government announced new stamp duties in a bid to hose down overheated home prices, the talk of the town is still where prices are headed.

To try to come up with an answer to the burning question, analysts have put their predictive science, such as it is, to work. They have fed their financial models with data such as demand and supply, affordability, inflow of capital and interest rate movements and then hit the "execute" command on their computers.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1081031/only-way-if-you-take-long-term-view