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Old 05-30-2010, 08:07 AM   #5
fluoxet

Join Date
Oct 2005
Posts
591
Senior Member
Default
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..
Nothing last forever, and anything is possible. However, if there's a crash, it will not be as bad as the US.

The only reason Australian banks are not exposed to subprime GFC because their investment in America are relatively small, not because they are better.
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