how long will bears wait for crash-3,5,7 years, page-35

I think (even though the government has used up all monies and it is bloody minded about getting back into surplus), it may just spring us a surprise in the upcoming budget by putting out another housing stimulus package.

This time round, it will be restricted to just the purchase of new homes.

Problem is it will please the likes of the HIA (serving the interest of builders, construction companies, suppliers...etc) but will do nothing for the RE agents.

If anything, it will create a even bigger glut in house in a couple of years time.

Also, all those rotting properties on the market will have even fewer takers as the FHB looks at buying new.

Beauty !