whi, propety is starting to tank and has alot further to fall. at least 40% me thinks.
Housing prices are overpriced and need to correct. SELL
the herd are about to panic and the boys want out before they do.
housing repo's are starting to go ballistic. The bank cycle of low interest rates....lend to anyone, put interest rates up....break the punter and then repo the house.
The banks create money out of thin air, lend it to you with interst and then repo your shiit if you dont pay SCAM
debt free, cashed up and patient i am :)))
PS, this market is a joke, does EW apply anymore with all the intervention? There wasnt this much fed and gov intervention when the rules of EW were made!!
I still believe we are at the start of a historical bear market and this is one decent size cat.
28mill americans on food vouchers! they are in a depression, forget a ressesion. and we in OZ are always behind the yanks, and we always follow.
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