A year ago, Perth real estate sprucers were saying the market would begin to recover in 2016. Yet the market has been getting worse with each month that passes, with no recovery in sight. Property values and rents have been on the decline since 2014. Vacancy rates have skyrocketed. Low population growth, a sluggish economy heading towards recession, increasing unemployment, slow wage growth, and supply of housing increasing have created the perfect storm of the worse property market in decades for Perth...and that's with interest rates being at a record low. How many more years do you think the Perth property market will be in this mess for?