business's going broke at record rates, page-34

  1. 86,602 Posts.
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    Crikey there is some crap and false belief about property in Australia.


    It is pretty simple ----

    If a large number of non home owners cannot afford to be home owners and young people are staying with their parents until 30 plus because of the cost of housing -

    Then property is overpriced - simple.

    If it is overpriced, then sooner or later it will adjust - also simple.


    Pinto
 
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