^*^* depression coming soon *^*^, page-38

  1. 1,368 Posts.
    re:-property and jobs did anyone see the westpac economist on channel 9 in the morning? I thought his comments were good.

    They see job security as the main issue towards property, and I agree. They see unemployment as low at 6.8%, and dont think consumers are frightened about their job future. As long as this continues, people will borrow and RE will rise. They didnt see war as a threat to this, or US market falls, and felt our markets were based on different fundamantals.

    As I posted recently, inflation, consumer confidence and job security are closely linked to property growth.
 
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