ASX 0.03% $65.59 asx limited

real estate to drop another 20 per cent, page-30

  1. 481 Posts.
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    my concern is that governments are shovelling money into the economy and it has to find a home (sic). This may feed back into the housing sector and although reality suggests that it is all over, booms have a way of prolonging themselves until buyers are exhausted. I don't think they are exhausted yet. I went to a open house last week in Brisbane and it was so packed the real estate agents were making leaving your tel number etc a voluntary event. I have never seen that before. People aren't saying will this double in 5 years, but i don't want to miss out. Classic boom. It needs to get totally out of control and nobody can say if this happened today or will happen in 12 months. However, the signs are a fall off in sales and is that happening?
 
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