All Topics / Help Needed! / Home Prices Plunge

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  • Profile photo of blogsblogs
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    April 25, 2008 - 10:55 pm

    http://www.news.com.au/heraldsun/story/0,21985,23599751-661,00.html

    "MELBOURNE'S property prices have plunged 8.4 per cent, or a record $40,000, since the start of the year"

    But of course property prices will keep sky rocketing in price with record debt, petrol prices, interest rates and inflation up up up….

    Profile photo of MysteryMystery
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    April 26, 2008 - 5:01 am
    blogs wrote:
    http://www.news.com.au/heraldsun/story/0,21985,23599751-661,00.html

    "MELBOURNE'S property prices have plunged 8.4 per cent, or a record $40,000, since the start of the year"

    But of course property prices will keep sky rocketing in price with record debt, petrol prices, interest rates and inflation up up up….

    Have a read of this article from Hotspotting.com.au …. "Melbourne median falls, but cheaper suburbs show growth"

    http://hotspotting.tumblr.com/post/32881382

    Martin

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    April 26, 2008 - 5:11 am

    Thanks for the link, albeit a breif one. Dont really understand the point of it though-the fact that a handfull of locations have increased in prices means nothing. It would be like saying althought the stock market has crashed some stocks have gone up-no relevance, unless of course you are skilled enough to pick the rising stocks or in this case rising locations.

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