warnie, this heading must be talking about the stockmarket, surely... the US down over 500 points last night its back to 2005 levels heading into another 1987 type crash apparently its the hedge funds, and the gung ho fund managers pulling out...dropping their bundles, and panicking big time versus.... the property market dropped 0.1% in the June qtr wow.... everytime the stock market crashes, it sends a heap of new investors running for cover into the housing market...well those that have any money left...after the fallout
reminds me of the tech crash in 2000, all and sundry were so depressed, and none of the gurus were interested in property....I bought so many bargains between 2000-2002 then the herd turned up in 2003 and drove up the prices so I sold some props to them,,,, I am not talking silly inner city prices here.... but the tree and sea change areas....they will be looking good over the next 2 years,,,, the early birds get the worms,,,,,springs looking good now the herd will be slow as usual.... cheers
