melbourne house price fall largest since gfc, page-13

  1. pwinne
    1,278 Posts.
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    03/05/11
    15:45
    Post #: 8346902
    6% drop is easy on 200% profit. many would be sitting on that and more.

    new buyers with home shouldn't worry about it. The mortgage is rent tied to an IR that's all. many people wouldn't look at the profit on their home until sell for retirement.



    cheers
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