sounds like the economics forum, about 4-5 regular posters, the same thing doom and gloom, all markets, all subject, all posts as if, they all use the same crystal ball, for forecasting
I suggest there will be houses going cheaper than usual....*** due to the recent flooding levels, and insurance companies will not offer flood insurance to those in the low lying areas...
its all to be expected but would you take the risk of buying cheaply in a flood affected area...I am almost positive some will, the risk being a 100 year event...and it will not affect them in their lifetime
I read somewhere recently south wagga was one such area
otherwise its all good in property....or business as usual
