property crash coming, page-158

  1. 61,088 Posts.
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    "But sorry mate, I am a cattleman through and through .... and any place with 5000 acres under $1m ain't cattle country and never will be."

    Well I beg to differ, cattle can go on very marginal land but it come down to how many head per hectare you can abstain.

    Property out there is actually cropping with sheep which are probably a better mix than cropping and cattle.

    So Hawkers is keen on on 1000sqm for $1m at a location of his choice, what is wrong with that? Falling property values is of little concern to him.

    yet you buy while predicting ig falls in property prices, no logic there
 
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