Originally Posted by
TBM-Legend
As usual BNE320, expert on most things, only is looking at the apartment market. Try buying something nice in New Farm. Prices in good suburbs are going up...
no everything is crashing. If people can get cheap apartments they will buy one rather than a house. Doesn't take much of a drop in demand to turn it into a buyers market. Have been involved in buying & selling real estate since just before the big crash in 1974, when many houses sold for 1/2 asking price. Paid for my retirement at 40. Anyone under 35 years, seems to have no idea of how a recession works.
Aviation is my new game.