dont kid yourself property bubble has pricked, page-8

  1. 1,945 Posts.
    g'day, I'm not suggesting I'm about to go out and do a reno frenzy, but I think the housing collapse calls might be overdone, seems to be a very slow deflation, I think surprisingly gentle under the circumstances.

    The easy money flow has been ridiculous. The lenders need a smack behind the ear. As mentioned thats what contirbuted to it, and the fear of shares post 9/11.

    The prices will go down, no doubt, as it has been ridiculous, but property has been very resilient considering.
 
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