property update from my area, page-2

Have to agree with you there stocko.

Have spoken with several agents and developers and the reply is the same. There are some developers who are just a tad nervous atm due to there exposure to unfinished, unsold projects.

I think the best of the property cycle is behind us now.

The question is how will the market deflate ?

An awful lot of debt out there. I remember the impact 18% had on my property investments years back. I'm not sugesting we will return to those days but with the number of leveraged investors out there, we don't need to.

Will stocks be the way to go?

Your thoughts.

cheers