Supply & demand is the biggest furphy out there.
Servicing debt will be the catalyst for the coming collapse.
Too many folks have too much debt on way over valued property.
As values tumble and business conditions worsen,folks will stop spending which will lead to more businesses closing or downsizing, which leads to higher unemployment or under employment which leads to even less spending and on & on & on it goes.
Seen it all before.
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- watch the property market this weekend
watch the property market this weekend, page-51
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