i have just finish reading a book by george soros today, back in January. He had predicted this financial meltdown.. it is only after government intervene with tax payer monies, will the property market find its bottom. he said..
since then, the bailout has been passed, following up with the G20 meeting today. Interest rate has been reduce significantly, credit are starting to thaw. The only worry we have now is the economy, however with low interest rate. The property market will start forming bubbles again with the high yield and low interes rate... don't sell your shares just yet. Wait and iam sure you will be reward.. personally i think we have passed the bottom back in october..
REU Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held