no rapid credit growth = no rapid price growth, page-7

  1. 1,366 Posts.
    Fairly obvious conclusion.

    http://www.macrobusiness.com.au/2013/01/house-prices-fall-in-2012/

    Property INVESTING is about yield once more, like it has been for all of the past century bar 1999-2007. If you are buying a property with a crappy yield with the notion you are going to make money from price rises you could be in for a shock.

    2013 should see another flat year on a real price basis, with any price rises being nominal only.

 
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