My Thoughts for Economy and Property in 2023

Discussion in 'Property Market Economics' started by sash, 13th Jan, 2023.

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  1. skater

    skater Well-Known Member

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    Hubby bought three Gibsons a couple of years ago from an old guy who just wanted them gone. Paid $10k. Recently sold one of them for $5k....which is cheaper than it's value. The other two are worth a similar amount.
     
    skater, 26th Feb, 2024
    #421
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  2. TheBigDawg

    TheBigDawg Well-Known Member

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    yeah, i have noticed that new car pricing is dropping also.

    good to see stuff normalising.
     
    TheBigDawg, 26th Feb, 2024
    #422
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  3. Piston_Broke

    Piston_Broke Well-Known Member

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    Still plenty monety floating around and scope to increase interest rates.
    Prices havent gone up since that post.
     
    Piston_Broke, 26th Feb, 2024
    #423
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  4. TheBigDawg

    TheBigDawg Well-Known Member

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    There is zero data to suggest OCR increase.

    Could that change? Sure, pending future data.

    But at the moment? No chance at all.




    {Note from mods - see new thread here: My Thoughts for Economy and Property in 2024}
     
    Last edited by a moderator: 4th Mar, 2024
    TheBigDawg, 26th Feb, 2024
    #424
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