Australia's largest stock trading and investment forum Australia's #1 stock forum

Wouldn't trust anything morgan stanley would say !

First 2527 Last

Share
Profile

Follow
Roger63

1,723 Posts.

49

15/10/19

13:44

Post #: 40888285
Share

Originally posted by malmanu: ↑

Australian housing set for 'sustained weakness'
http://www.abc.net.au/news/2018-01-10/housing-weakness-set-to-worsen-tips-morgan-stanley/9317422

"However, on a national level we still estimate that supply of ~225,000 is running ahead of demand (~185,000)."

This excess of supply is needed to bring prices back to realistic levels where borrowing can be achieved. An increase of interest rates or economy downturn may make property speculation unattractive. I read somewhere 40% of recent property investors would sell if the value of their investment went south. A flood of for sale properties clashing with oversupply in the next several years could offer opportunities.

Expand

Wouldn't trust anything morgan stanley would say !
Upvote

Reply

There are more pages in this discussion • 1,774 more messages in this thread...

First 2527 Last