kincella that is exactly right. It now doesn't matter even if the property were to fall 50% you would be back in the same position. However rents would have increased over this time and if we were to see falls on this scale interest rates would be somewhere near zero. Your example still wouldnt be able to afford to buy becuase he would likely be unemployed or banks would stop lending into a deflating market.
- Forums
- Property
- how to make the median meaningful
how to make the median meaningful, page-8
Featured News
Featured News
The Watchlist
WCE
WEST COAST SILVER LIMITED
Bruce Garlick, Executive Chairman
Bruce Garlick
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online