property market - interesting read, page-4

  1. 8,034 Posts.
    Spoke with another few agents yesterday, Tibor at the Professionals reckons a 30% crash.

    Geoff at LJ Hookers reckons 5% fall but gradual.

    Stavros at MPRE reckons the market is dying off.

    Tom at Hobsons gearing back as there are fewer listings.

    I reckon we at the peak looking down the other side.

    Remember 1% rise in rates = 15% more in repayments.

    Jobs growth slowing, drought induced inflation about to hit, Brown stuff about to hit the fan imho.
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