Real estate experts are predicting Melbourne house prices could drop by as much as 20 per cent. New data out tomorrow is expected to show the property market is slowing faster than predicted, just as interest rates rise.
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Lol
By design
i cant even afford mcdonalds and your telling me that theres people out there paying $3200 every month somethings not right here.
Why do they call it FIXXED when it changes all the time
They want to keep us poor and struggling a slave to the corporate world
What? They’re expected to drop faster than predicted, or predicted to drop faster than expeted?
They are the same thing..If you predicted it< you expected it.
Lol, listen to the property experts,the expert's have less clue than the average person,you have a property which is much better than renting well that's real gold today
Lol good luck RBA, last time they raised rates this fast, they dropped them just as fast.
Thanks for that I'm getting myself a campervan before freezing on street now who except centrelink cash card payments for down payments
"Buy a house now" they said, "prices are only going up" they said….
just like stocks, crypto etc
"What goes up must come down": Every action has an equal, opposite reaction
RBA rises interest rates, i sit there laughing at all the "FOMO" Crap everyone was on about in the last 3 years
Good, i hope the prices fall 30%, in fact i hope it's 50% better yet a recession.
Prices won't drop by much until unemployment goes up. People will forego other expenses to keep their house. Supply won't increase any other way.