Monday, November 22, 2010

Admitting Reality One Small Step At A Time

Interesting that the media is starting to acknowledge the possiblity house prices can fall. For so long the most they could admit to was "slowing growth". -As if rising property prices were a given.

"Property prices will fall as unsold stock levels soar, experts warn"

http://www.smartcompany.com.au/property/20101122-property-prices-will-fall-as-unsold-stock-levels-soar-experts-warn.html


"Rising interest rates add to homes stockpile"

http://www.news.com.au/money/rising-interest-rates-add-to-homes-stockpile/story-e6frfmci-1225958145835