are there any new hc millionaires out there?, page-13

< where do you see the realestate market heading in the next few years? >

I see it being controlled roughly around current levels at the very least. Growth states like QLD will do best, with a continual influx of "southerners". New houses will be needed and whilst interest rates are compatatively reasonable, so shall it be. It was the Govt's $14,000 & $7000.00 grants that bouyed the economony initially to then set it into a growth mode until the resourses boom hit.

I don't see the (roughly) 7 year "boom bust" cycles as being as prominent, as is/has been historically. It's a more "controlled" field these days, I feel.

But what would I know?

:)
LC