unsure, but I do know that I can't imagine rent returning 5% or close to 10% of property prices, and I can't see rents reducing.
prpoerty may drop 10%-20%, as with the markets "on low volume", but give it 12-18 months and the prices will be back.
I think volatility in all markets will be with us for a long time to come for these "credit crap" reasons, and disbelief in how much the BRIC story will or will not help our economy in general terms.
polling for housing bulls or bears, page-21
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Last
$61.26 |
Change
0.515(0.85%) |
Mkt cap ! $11.77B | |||
| Open | High | Low | Value | Volume |
| $61.07 | $61.45 | $60.90 | $4.701M | 76.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 310 | $61.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $61.27 | 215 | 11 |
View Market Depth
| Last trade - 12.02pm 04/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |