Very different markets, i personally cant see the same light switch effect on property here as in Ireland although i do think units are going take a real hit in the next 18months.
Just going to sit on the fence watch it unfold
One problem for most Australians is they have never worked in a recession which would test there metal if it happens and i believe many are way in over there heads in debt!!
Time will tell
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- properties did drop 50 % in Ireland
Very different markets, i personally cant see the same light...
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