Originally Posted by no sponsor
I get the impression many are in denial.
There's a lot of it around. I see a lot of properties that have been on the market for over 12 months now. I have a neighbour that have their property on the market at.......wait for it..............10% higher than what they paid at the peak of the boom! They feel their agent is wonderful for giving them such a splendid valuation. They are curious as to why they haven't had any lookers though. I wonder why.