"""Scotty, To think interest rate rise will cause "every" house owners to sell causing 80% fall in value is childish...."""
Nice try. Nobody has said that. In fact, I have been quite vocal to those calling 50% falls that it wont happen.
Trust me, I cant lose my job, nor will the industries I am in ever not be in peak demand. In fact, your doomsday predictions would make me a lot of dosh, not that I do it for the money which seems to cause jealous rage among some here.
And remember I said "big business" not small business lease premises, big difference, but it alone debunks the myth that being worth a lot of money means you buy real estate.
