propety sector.... what's next

  1. 666 Posts.
    It's quite amazing how the property market / economy is working now and how correct a lot of predictions have occurred or are in progress from people on HC and via discussions with realistic people in the real world.

    We have gone from overinflated prices to an increase in supply, lower clearance rates, drops in confidence, job losses and actual declines in property prices.

    So with the economy now grinding to a slow down, what can we expect next?

    Interest Rate cuts?
    More Job losses?
    Further declines in prices?
    government stimulus?

    Please no reactive, sugar quoted responses!
 
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