was also thinking that real estate would also fall, but just...

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vindin

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06/04/20

10:22

Post #: 43898560
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Originally posted by paddington bear: ↑

@pustayo - haven't had time to even log in till today. Husband doing fine. Brisbane River is quite beautiful and the sunsets are glorious. I am still very negative longer term on the markets but was hoping for some sort of rally. Still talking 1800 on gold and will review it when it gets there but right on an uptrend at this very moment and risks breaking it so may still need more patience. But thinking longer term it really is hard to decide where one should put money - gold may go up but if the miners are't mining gold, will they be sold off. Real estate really worries me and what that might do to banks is nightmarish. Paddington price down 20% and we only sold seven weeks ago. Speaking to our agent before we left Sydney and he said the buyers just disappeared overnight. Very worrying time. Apart from the effect on markets, I am concerned that we could have a generation of kids that lose interest in school and what of those kids that don't have their own ipads or even computer access at all.

Hope your interests are doing well.

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was also thinking that real estate would also fall, but just read this which gives different perspective

hope we are not about to sell off our real estate to bargain hunting o/seas buyers, thus making it harder for aussie buyers to compete

currently in Bali and foreign investment in land here hasn't helped balinese buyers, though the sellers are pretty happy with prices

https://www.domain.com.au/news/deve...-investors-eye-off-potential-bargains-945900/

and what a beautiful part of the country you have moved to ...enjoy

Last edited by vindin: 06/04/20

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0 Great analysis

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