who do we blame for high property prices? isn't it us...the buyers who drive prices up? we borrow as much as we can and then when interest rates rise we complain? Prices rise because there has been a long long boom and perhaps people are over confident the good times will last, and while prices are rising everyone scrambles to get on.
Who is responsible for high property prices? I thought it was us, the buyers. Some of these auctions are just crazy! We do have choice, we don't have to borrow to the hilt or pay ridiculous prices.
