Ticking time bomb, page-12

  1. 27,093 Posts.
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    Just as an example we had a chance to buy this home last june in Albany Creek on Brisbanes  northside, 4 bed and 2 bath, we were lucky in that we could have paid cash for it, the home went for 575k$, but it was right at the time that the Greek debt crisis broke and as usual I read too much doomsday print in the media, funny enough its now back for sale ( me thinks there might be something wrong with it) for offers over 619k, my point is that as a non professional my wages have been falling compared to the average wage yet home prices are climbing, not reflecting the state of the economy but because of various govt factors..
    But no matter, we should have ignored the negatives and bought something..


 
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