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**kucheravka** · 05-30-2010, 06:45 AM

Property market in Australia will not crash but may quiet down for a short period.. Only over supply of housing will crash the property market ie US (or SG in the 80s?)

Do standby your money and wait for opportunities. Some said I am nuts but I do believe you can time the market..

around the western suburbs here, there are houses that have been stucked in the market for ages and these are asking for $700k+. i saw the RP data, owners bought way too expensive and unable to service the loans and had to sell off.

05-30-2010, 06:45 AM	#3
kucheravka Join Date Oct 2005 Posts 482 Senior Member	Property market in Australia will not crash but may quiet down for a short period.. Only over supply of housing will crash the property market ie US (or SG in the 80s?) Do standby your money and wait for opportunities. Some said I am nuts but I do believe you can time the market.. around the western suburbs here, there are houses that have been stucked in the market for ages and these are asking for $700k+. i saw the RP data, owners bought way too expensive and unable to service the loans and had to sell off.
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