where housing investors could come unstuck, page-4

  1. 479 Posts.
    defaults can also trigger re-evaluation!

    (somebody already mention that in previous threads...cnat remember who?)

    few glitches could trigger the disaster of revaluation, although i think lot of the 'first wave defaults' will be dealt with through the 'hardship clause'...

    if they become too numerous...hmmm...

    one thing is a SURE THING!

    ... none of the above will do much for the confidence and expecially for the prices !

    i fully agree with unemployment looming claim!

    nsw and vic are totaly idle already...its just creative counting thats hiding the 7% or 8% (if not higher numbers of unemployment) !

 
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