Sure most owner occupiers won't sell,they aren't watching house...

  1. 526 Posts.
    Sure most owner occupiers won't sell,they aren't watching house prices to closely anyway.

    The ones that will sell are the newly unemployed, stressed first home owners and investors.

    It's only a fraction of the total number of houses that set the "price" and these sales drive price changes. These groups will be the ones driving prices downward.
 
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