Values declining across Australia., page-9

  1. 96,223 Posts.
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    the problem is two fold - potentially for both Sydney and Melbourne - it may or may not come to pass -

    but, both supply AND demand could be in trouble in the short term - for houses and apartments.

    The Chinese change in law - WILL effect demand -------- surly even a wild bull wouldn't argue that one.

    But, that may or may not allow or drive the price southwards - much.

    However, if, for 'whatever' reason - Chinese decide to get rid of their large number of properties in these two cities that they own but have empty -------- then, that will effect supply - massively for a while.

    They are just facts - unless one wants to dispute the very basic laws of supply and demand.

    Whether or not both of those happen together is of course opinion.

    That they can happen is fact. That the change of Chinese law will effect demand is also fact.

    I fail to see why anyone would post to shoot the messenger regarding a post on supply and demand for property on a property forum - because it is those very factors that drive not only the price, but, the entire business..

    That conditions have changed and are in danger of further massive change is surly worth discussion - unless one wants to keep ones head in the sand or similar.

    Pinto
 
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