Monday, Jan 04, 2010
Property still vulnerable
City Wire: The Housing market is as vulnerable as its ever been
The truth is that we enter 2010 with the property market just as vulnerable as it was two years ago. Tottering like a binge-drinker on heels – it could go either way.
Posted by flamepoint23 @ 01:17 PM (610 views) Add Comment
1 Comment
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1. britishblue said...
Correction. It is more vulnerable than it has ever been!
The recent rise in prices will mean a steeper correction. People burnt twice may just lose the appetitite for speculating. The only unknown is when the second leg down is. We tend to live these times month by month, but when you look historically things plan out over years.