aussie housing market looked like a bubble set, page-64

Australia's population is expected to grow 1.5 per cent through 2008/09, its highest level since the late 1980s.

Australia is experiencing record net overseas migration flows which is underpinning what is already strong underlying demand for housing.

In 2009 when rates start to come down.....property prices will continue to head north......in the major capital cities.

Supply and demand is a fairly simple science.

Rents are already heading north.....once rates start to slide everyone will be back on the property wagon.

personally I like to stay one step ahead, therefore I buy now before the enxt upturn.

Some say wait 12-18 months......why?

The difference in house prices will be negligible imo......however stamp duties and bank fees will be higher......so it will cost more to get in.

And no good trying to buy when everyone else is.....buy when noone else is.