Gees Bottle, You are a bit brave. The last time I said that sort...

  1. 3,935 Posts.
    Gees Bottle,

    You are a bit brave. The last time I said that sort of thing on this forum I got abused and onto a few ignore lists.

    You can't post the truth here.

    The last 3 years property prices are from an over supply of easy money. They do not reflect average property appreciation which is only as a result of real inflation. I know some people made money out of this but it has ended, and most will loose what they made.

    As property falls back into line, those who can not handle the debt will be wiped out. The influx of their property on to the market will further drive prices down. This is how boom goes to bust in every aspect.

    MT.
 
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