property will it follow the asx, page-9

  1. 7,397 Posts.
    Q...Initially, the fall will be contained... many silly fools will come in and snap up what they consider to be "bargains" once we get a 15/20% correction...so it's possible we'll see a reasonable sized fall and then a bounce that will lead to many believing every thing's OK ----- BIG MISTAKE.

    So Nickoo are you saying that people wont get married and want their own home , population growth will slow immigration will stop,and this will reduce the demand for real estate in our popular Cities and spread out to the suburbs in the future ,

    I don’t think so mate the only people who suffer are the ones that purchased on a small deposit and a large mortgage, then try to keep it together on two salaries,

    Still think I will sit on my rental properties as I have noticed over the years they may slow down in growth but never go backwards if you buy wisely,

    One of my biggest mistake I made in the past in real estate was not buying more.


 
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