Blind Freddie knows the market will be up over 20yrs,but as we all know a fall will occur once fhlg go along with % rises.It`s a furfie immigrants push the price up unless they all come with $600,000 in the bank,which would`nt help the banks as they would`nthave to borrow.With the bank leverage 70%-75 in the property market,don`t you think govt,banks ,real estates salesmen or women will al;ways spruik were in a market boom,if you listen to them,were still in a boom,2yrs % were 8% lock em in said the treasurer,inflation jeannie is loose,people who did lost(good ADVICE if you took no notice) now again the best time ever to buy,houses propped up by 1st home loan9increase house prices by $50,000,Dec,gone.%on the move up,best time to buy ,please,water up,electricity up,rates up, wages -no increase were in a recession,once again best advice don`t listen to the property scare monger.Good luck to those who bought you`ll need it.
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