nttg
here is an enigma for you.
ever heard of the saying stealing from the future?
you mention the FHB a lot i implying the grant encouragin them to buy. have you thought that those people are buying early now as a result, which means they wont be buying and creating support later on..
Here is your problem with housing
- Over Priced
- Record high pricess
- Record high pricess compaered to rest of world
- Recesion
* people losing jobs
* business's going bust
* copanies going bust
* banks losing money
- Lots of renters wanting out the rental market
- Lots of housing on the market
- Housing not being sold anywhere near as quick as it was over all
- House prices falling over seas (will effect imigration)
- Housing cant boom like it has as it becomes out of reach of buyers, capping posible growth and disinteresting investors
- Investors from past decade profit taking on capital gains
your cloud has no silver lining, well, not for the bulls anyway..
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renting in an inflationary environment, page-50
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