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**Tusethede** · 05-07-2010, 02:32 AM

Hi All

This will affect Australian economy in general, employment, stock market and finally realestate. I am predicting that the housing prices will be affected substantial and I think this will be opportunity when it strikes Australia.

Please let me know of your opinion. All opinions are welcome.

Regards
AKK

As far as this developer is concerned, Perth prices just continue to rise.
Forget about interest rate rises, forget about so-called housing shortages, forget about Greece.

If you understand how the property prices here works, you will still see record prices for the above $500k range. It is a matter of targeting the right people.

My concern is about China in the 9 months ahead, as more manufacturing shift to lower cost countries, and the central govt fight against the provincial govt.

The Greek tragedy will continue to unfold, with or without IMF. My Turkish friends are laughing at the Greek now, they used to envy these communists on how they managed to get into Euro zone. So what now, The Greeks can "Eat the Rich" or "Burn foreign banks", whichever route they chose, they left it too late.

PIIG+UK

05-07-2010, 02:32 AM	#4
Tusethede Join Date Oct 2005 Posts 437 Senior Member	Hi All This will affect Australian economy in general, employment, stock market and finally realestate. I am predicting that the housing prices will be affected substantial and I think this will be opportunity when it strikes Australia. Please let me know of your opinion. All opinions are welcome. Regards AKK As far as this developer is concerned, Perth prices just continue to rise. Forget about interest rate rises, forget about so-called housing shortages, forget about Greece. If you understand how the property prices here works, you will still see record prices for the above $500k range. It is a matter of targeting the right people. My concern is about China in the 9 months ahead, as more manufacturing shift to lower cost countries, and the central govt fight against the provincial govt. The Greek tragedy will continue to unfold, with or without IMF. My Turkish friends are laughing at the Greek now, they used to envy these communists on how they managed to get into Euro zone. So what now, The Greeks can "Eat the Rich" or "Burn foreign banks", whichever route they chose, they left it too late. PIIG+UK
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