the barry.
Australia needs 1 miln houses to accommodate rental market.
the only think stopping developers was the int. rate.(it looked like it was moving higher)
i know because i waited on a 12 moths for a 6 unit development in Melb.
do you know what a difference it makes to a small developer
a 1.5% drop in int.?
and as far as bhp is concerned "was"$60 stock it won't go up there tomorrow, in the next year or two will do me fine.In the mean time if it goes to 40bucks even that will do me!
the barry.Australia needs 1 miln houses to accommodate rental...
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