what i see and what i am hearing, page-22

Warnie,all the surplus property that has hit the market is for a reason.If you think the two have no corralation,good for you.How many properties in Adelaide are on the market compared to the same time last year.Nearly double,and there exactly moving quick,unless you drop the price.I drove down Harvey street Nailsworth the other day,and I counted 9 properties for sale.Now the ones that are struggling with their payments,are going to be forced to sell at some stage.How long can they keep going in arrears?When you have more and more properties hitting the market and less buyers,what is the struggling vendor going to be forced to do?Put the price up or discount the property?It's already happening.Have a look on page 11 of the advertiser.That article says it all.Cheers