Been going to several auctions in the past few weeks and this is my observation so far.
First auction- two bidders, only passed in, no sale.
Second auction - cancelled as there was no bidder
Third auction -no one turned up, cancelled.
Fourth one- two bidders, only passed in, no sale.
I think people starting to wake up to reality.
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- 50% droup in property is not crash
Been going to several auctions in the past few weeks and this is...
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