sydney house prices slump, page-26

  1. 1,364 Posts.
    new...the 'key' to this 'riddle' is (as you said): IF YOU CAN MANAGE...

    what if you can't manage...

    lots of investors counted on:

    steady employment (their own and of their tenants )

    growing "super" (to plug the gaps and finalize the mortgages)

    neverending 7 - 10 % capital gains (y/on/y)

    + not everybody has SEVERAL years to wait for things to 'come good' !

    steady growth of properties on the market is telling you that punters are leaving falling asset class and,as with all classes, the more leaves more falls it's perpetuating...and so on ...
 
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