PPRuNe Forums - View Single Post - Merged: Is the worst of the Global Financial Crisis behind us?
Old 10th Sep 2009, 07:26
  #136 (permalink)  
404 Titan
 
Join Date: May 2002
Location: Asia
Age: 56
Posts: 2,600
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Gnadenburg

Lets see, AUS$ up 41% since late last year, that means expats like me and foreigners are much less likely to invest in Aus property, first home owners grant about to end, AUS$ interest rates likely to start rising by the end of the year, and true unemployment (not the BS one that is always quoted that ignores those that have given up) and underemployment getting worse and you think property is a good investment. Mmmm. Me thinks you have a vested interest because you're probably leveraged up to your eye balls.
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