a dynamic cocktail for house prices, page-86

Agreed AuCu.

I would like to be bullish on house prices but unemployment is the looming threat to punish us all.

Analysts say jobs in construction, retail and manufacturing are expected to fall further. Miners are shredding workers all over the place. All of those employees have mortgages or pay rents somewhere.

Throw into the mix a slowing economy, the mere mention in some quarters of the R word, and its a recipe for disaster.

In my view, there is no rush to buy at the moment until the above issues change, not just sentiment, but hard and sustained figures.

Happy to hold for now.