Is The Grass Always Greener?

I received the following email:

This is the time to get out of property investment in South Africa, rather invest in Australia where there is a continious growth in property prices.

House Price Growh March 2010 – March 2011
Sydney: 0.8
Melbourne: -1.1
Brisbane: -3.6
Adelaide: 0.9
Perth: -3.2
Hobart: 0.6
Darwin: 0.5
Canberra: 1.1

Not exactly scintillating growth is it? The 3 quarterly growth (Dec 2010 – Mar 2010) is decidedly worse.

Original Post on Cape Town Property Bubble: Is The Grass Always Greener?