have a look at this. perfect example of a prop investor blind to reality twisting facts to what they want to belive.
http://www.theage.com.au/business/housing-prices-soar-17-to-record-20091231-lky9.html
Melbourne house prices sour 17% in the selected months they mentioned
WOW
but hang on a minute, melbourne house prices dropped 15% over the 15 months prior to their time frame
so property in Melbourne over 2 years from Dec 07 to Dec 09 has gone sideways.
and the only reason it "recovered" was because of 5% home loans and FHB
who is living in the dream world?
- Forums
- Property
- property investor mentatliy
property investor mentatliy
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)