So if a person is looking to purchase an investment property now, and as figures in other posts point out generally they will lose money, and even if hardened property investors think the market may fall, even 10%...why would any investor buy right now?
I cannot see any compelling reasons at the moment to make a purchase decision right now...
Would it not be prudent to wait, see what unfolds gloabally, I am of the opinion of a recession to hit Aus...we missed the bullet before now its a homing missile.
If that were to be the case expect more property on the market which will only push prics down...imo only