month by month the data is really not that relevant in my...

  1. 11,875 Posts.
    month by month the data is really not that relevant in my opinion

    property may very well go another 10-20% up

    then what?

    the higher it goes the more impossible it is for it to keep going, the more inflated the price the bigger the interest bill and transaction costs

    if most speculators need capital growth to be in the game then the house of cards eventually falls and like Japan it may just keep falling beyond fair value

    at this point in time many people may be believing the right thing to do is take their money out of stocks and buy real estate
 
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