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Thread: So, do you think we will have a property crash?

  1. #1
    Board Tycoon Brendan's Avatar
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    Dec 2007
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    Default So, do you think we will have a property crash?

    Here is a great article from Smartcompany that gives a very balanced view of the current state of our property market;

    Are we headed for a property crash? -


    I am ever the optimist, and after reading it I still believe Australia is in great shape to weather this financial storm..

    What are your thoughts?
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  2. #2
    Senior Member
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    Default

    from what I have read, I dont think we will, maybe we will see prices stagnate, but we have an undersupply of housing right now, still relatively high rates to work with, so we are in a different position to the US and the UK.
    Knowledge is power.

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