What a lot of crock have a look at all the for sale signs around the joint there is literally hundreds coming onto the market with nearly zilch enquiry so as they get more desparate the price comes down until we end up like US where you can buy houses for a $1.00 thats right because once banks start foreclosing they dont want the maintence,rates, insurance etc.Its sell at any price just to offload.Its around the corner. And dont be mistaken by the wealthy houses owned by the high flying corporate sector they are finished and exposed to high heaven thru greed and margin lending etc. Corporate Australia are exposed to over 22 billion dollars on margin lending and the banks are calling them in as well.Also the ones wanting to buy the criteria for borrowing has changed dramatically and most now do not match the tight lending criteria.You have not seen anything yet I warn you Get the house in order cause its on its way.
