Fairly obvious conclusion.
http://www.macrobusiness.com.au/2013/01/house-prices-fall-in-2012/
Property INVESTING is about yield once more, like it has been for all of the past century bar 1999-2007. If you are buying a property with a crappy yield with the notion you are going to make money from price rises you could be in for a shock.
2013 should see another flat year on a real price basis, with any price rises being nominal only.
- Forums
- Property
- no rapid credit growth = no rapid price growth
Fairly obvious conclusion....
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