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real estate to hot up on stock market depressd, page-38

  1. 239 Posts.

    donald frump

    i had to laught at your contridiction

    "So why did they drop?....the same reason they always do---> a property boom will only last as long as the market will allow it....that is, buyers will either get priced out or eventually wake up to over-inflated prices"

    and

    "And prices are only going to get worse folks...yes they are!!!"

    but anyway, what you dont realise yet is subprime is going to add to the inflation presure that is building in australia and both will bring the house prices topling down.

    I cant see how housing will boom in high interest rates. and imigration? isnt it only 1% P.A australias population growth rate?

 
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