housing to devalue 40 to 60 percent, page-96

  1. 17,232 Posts.
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    Ctindale

    You said

    "Ive seen to major busts and yes prices drop like a stone I remember selling a house in Burwood Sydney in 89 for 326k and I it went in 1994 for 238k, I originally bought it for 63k in 1984 its now worth 1.2m it shouldn't be worth anymore than 450-500k so its 500-700k over valued"


    If only u had held on

    1800% over 24 years

    75% per year.....lol

    Long term hold......never fold.





 
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