GOLD 0.51% $1,391.7 gold futures

gold reaches new record high !, page-20

  1. 1,798 Posts.
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    Real estate prices are likely to be dampened for a while to come imo, but not sure about a crash. People need to invest their money somewhere, so I feel there will be conflicting pressures on housing which may in the end result in not so great a fall just a correction. My thinking is that retirees and soon to be retirees who have super that is being eroded may need to sell their real estate investments to fund their retirements. This may cause some rush to sell investment properties, but we all need somewhere to live and if the stock market, currency and commodity markets continue to be manipulated and volatile, people may just buy housing and hang on. Apparently high end properties in the UK are doing well for this very reason. I just wouldn't be borrowing to pay for it as inflation may get you.
 
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