foreign lenders get the property jitters, page-6

  1. 13,252 Posts.
    Free will if they go down as much as some pundits call it will be a great for those who can load up. My main point being its not the rich its not the middle class who suffer it usually the most venerable and those in the lower socio economic groups.

    For house prices to drop like some pundits are calling our jobless rate will skyrocket making the lower to middle class most vulnerable. Thats what annoyed me about eieio's post, is he would like to see those who have made a lot of money fail, but we all know that the most vulnerable will suffer the most. For me if they did drop that far its an opportunity, where as a lot will be unemployed or unsure and will not buy anyway.
    Much like stock by the time mud and dad hops on where near the top they lose, while we have made plenty buy at the bottom. Its the rich get richer, and the cycle continues.
 
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