http://www.fusioninvesting.com/2010/05/housing-tipped-for-price-implosion/ Fusing Fundamental and Technical Analysis with lashings of Behavioural Finance. Investing in Australia and North America. Thu, 02 Feb 2012 06:57:27 +0000 hourly 1 http://wordpress.org/?v=3.2 http://www.fusioninvesting.com/2010/05/housing-tipped-for-price-implosion/comment-page-1/#comment-3252 Peter Jenkins Mon, 13 Jun 2011 05:55:10 +0000 http://www.fusioninvesting.com/?p=5465#comment-3252 The Aussie property market is in its death throws and things are looking very bad. The irresponsible GFC stimulus simply kicked the can down the road and now the crash will be twice as bad. I expect to see prices down 30-40% within a couple of years. Auction results across Sydney and Melbourne have collapsed (see http://australianpropertyforum.com/topic/8694847 for details) and stock is building up on the market at a rapid rate. Unless vendors drop prices to meet the market, their homes won't sell. Simple as that. For the real estate speculators, the party is well and truly over. Peter Jenkins The Aussie property market is in its death throws and things are looking very bad. The irresponsible GFC stimulus simply kicked the can down the road and now the crash will be twice as bad. I expect to see prices down 30-40% within a couple of years. Auction results across Sydney and Melbourne have collapsed (see http://australianpropertyforum.com/topic/8694847 for details) and stock is building up on the market at a rapid rate. Unless vendors drop prices to meet the market, their homes won’t sell. Simple as that. For the real estate speculators, the party is well and truly over.
Peter Jenkins

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