Friday, May 01, 2009

Positive spin

I was at odds to understand two separate news items this morning - both about housing prices - and seemingly saying totally different things. One (the ABC) said Australian house prices had fallen by almost 4 per cent during the year to the end of March - the other (The Daily Telegraph) that they had risen, in Sydney at least, by 2.4 per cent to the end of March - except they were counting only the first three months of the year, rather than the full preceeding 12 months. It's good to see some optimism out there in the press.

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