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Oz house prices set to CRASH!
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07-28-2010, 12:08 PM
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N9NACzws
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Oct 2005
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[QUOTE=4. For the Italian couple who helped their son with the 30% of the purchase price instead of spending 3 weeks in Lake Como. Excellent parents!
Without foreigners, Perth property market is dead!!!
No one attended an open house down the same street.[/QUOTE]
This is exactly what I have been hearing. For those Singaporeans with children in Australia- when they need thier own house its REALLY REALLY going to cost you. Ouch!
American parents are sleeping well at night - very cheap houses with only 3% FHA downpayments.
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