Another interesting subject.
A question arises.If there is a downturn in the property market brought about by increased interest rates would a mortgage broker benefit from mortgagees re-financing their debt if they believe they this would be to their advantage.
I agree with Crashy on the sharemarket. The last 3 years have seen a Bear Market.Based on history, the general consensus about the economy [ not property]the results coming from listed companies it all looks extremely favourable.The sharemarket has increased approx 20 percent since March but it is still below the high established a couple of years…[Read more]
Enjoyed reading your thoughts on property Retire 2012 and the responding comments. A lot of common sense shown by all. What happens in the near future to property values is beyond me as everyone seems to have an agenda.