love the sheeple people...simply regurgitating another ones news...
funny that you are not allowed to print a copy of a news article..under copyright laws...
but they are allowed to talk about the same story...on tv and radio
its best to listen to the locals...the people who are actively involved in property....
I am sticking to my story....regardless of the economy, or QE3, or the US elections this year
the one thing that will revive confidence in the australian economy....is when the labor party are removed from office.. only then will the property market return to the days, as in the Howard years....
many people think the same....they will not wait to see the result of the elections...before making up their minds or plans for property they have been active and working on their plans....buying up property, and renovating existing houses, they will be ready to sell and take a profit.... when mainstream news starts making noises, its usually too late.....
in the meantime, property has been very reliable, resilient and stable...considering the global financial crisis that is now 5 years old... interesting, we now have over 490,000 SMSF, with 440 billion invested therein.... another article I noted today...people have been making extra payments on their mortgages, so much so, that some are in front by 2 years....so if they lose their jobs, they have a plan b, to keep the house.... smart people....
