http://www.heraldsun.com.au/business/housing-market-losing-appeal-with-investors/story-fn7j19iv-1226298717189
....."INVESTORS are pulling out of the housing market as prices slide while unemployment and interest rates rise."...
Not good !
Since the whole bubble was created by speculators piling on top one another to inflate prices, their withdrawal can only mean one thing....Crash...Now we know 2012 is not shaping up to be a good year at all contrary to all the rubbish spuikes since January that things have turned the corner...LOL !
Alan Kohler last night showed a graph of falling loans for mortgages but even more alarmingly is the rapid falls in the size of the average loan.....Crash...
CJ is so desperate now that he is comically spuiking that housing affordability can't last forever. Pathetic really !
Knock knock...house affordability returns when prices fall another 50%. Too early for your article mate.
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- investors are pulling out....herald !
investors are pulling out....herald !
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