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Are the massive drops of interest rates & falling shareprices the start for a new property boom?
Posted by James on May 16, 2010 in Home Loans | ∞
Sisyphus
In Sydney at least, current conditions are:
In Sydney at least, current conditions are:
- Sharemarket volatility
- Bear market
- Massive cuts of interest rates
- Few new housing constructions because of the recession
- Rental shortages
- Years of stagnant property prices (property bubble popped in 2004-3).
Good conditions for the next property boom?
Home Theater System
1 Comment
Growth Hormone
Actually if could.
People have money they need to put somewhere. This happen with the tech bubble. The stock market went down, real estate increased.