Lets just assume for one moment that property prices drop 10% over the next 12 months.
Lets say at the end of those 12 months property sstaganted and /or started to increase in value and rental yields became more attractive and interest rates were at 5%.
What would u doomsdayers do at that point?
Buy, not buy or other?
If "not buy or other", what will you be doing with your cash , assuming you have some at this point?
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- so home prices are going to plummet
so home prices are going to plummet, page-54
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