No cheap shots from me. No idea what is happening in Melb, but...

  1. 6,076 Posts.
    lightbulb Created with Sketch. 294
    No cheap shots from me. No idea what is happening in Melb, but Perth is doing ok. The bear predictions were a bit extreme and after falls of 5-6 % property has stalled. Just had call from mate who is into shares, the unit next to him is for sale and 8 people went through first day. He is going to sell a parcel of shares Monday and going to bank to get finance before offer. Sounds worried somebody will beat him to it. I have not seen that sort of urgency for 4 - 5 years. Still lot of stupid vendors asking too much and hoping for miracles. No sign of all market moving but the bottom is doing really well.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.