WBC 0.98% $27.90 westpac banking corporation

banks, which way now!, page-10

  1. 873 Posts.
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    re: property, which way now! and I almost had to laugh at this statement by WBC

    "Chronican will tell the conference the bank's core markets remain "favourable with the housing market continuing to exhibit an orderly decline," the statement said."

    So if its declining, only daft property investors are going to be buying - but they all bought last year!
    So who is going to buy the hundreds of thousands of houses currently on the market and in the pipeline being built? First time buyers? I don't think so.
 
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