Tuesday, July 10, 2007

Warnings of a potential collapse

Is the housing market about to crash?

Warnings of potential collapse in housing marketNew Zealand have emerged inbanking report Moody's Investor in SydneyA leading Auckland apartment realtor is also warning that "a chill" is about to descend on the market and is suggesting to homeowners that now might be a good time to sell "with our masters in Wellington hellbent on making you suffer".A recent article comparing the price of house inAuckland vs a similarly priced house in SydneyMelbourne showed something very simple I am surethat a lot of other people saw it too. When you can buy a better housein city with larger labour market,a significantly higher average income and lower crime rates,a no brainer

Posted by chris @ 04:00 AM (377 views)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>