Money Tip without the Boring Stuff - Will property prices fall?
October 10, 2008 by Josie Kay · Leave a Comment
Bricks and mortar - safe as houses? Not sure after surfing the internet trying to find a balanced argument in favour of buying property at the moment. Here is a summary of what I found. The blue (as in colour) comments are mine. Please share your thoughts on this subject.
John Hewson – former Liberal leader, economist – 7 October 08 Gold Coast Bulletin (quite pessimistic)
“Property markets are going to go down, and go down for some time.” said Dr Hewson.
He said that falls would be across the board, particularly commercial properties. “I think there could be a hell of a property shakeout.” Read more
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