Some positive comments for a change

Discussion in 'Property Market Economics' started by Angel, 12th Apr, 2018.

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  1. Angel

    Angel Well-Known Member

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    Angel, 12th Apr, 2018
    #1
    Jacque and Perthguy like this.
  2. Jane Ridder

    Jane Ridder Well-Known Member

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    Jane Ridder, 12th Apr, 2018
    #2
    Eric Wu, Perthguy and Anthony Brew like this.
  3. JL1

    JL1 Well-Known Member

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    he called 20% a crash and that as unlikely, but correct me if i'm wrong he forecast 2 years of 5% falls? that would mean over 10%, and if people are leveraging 6-7x annual income, that's 70% of annual income lost. Not sure why that's a market to rush in to. At the same token, it barely outweights selling and buy-back in costs. So the logical conclusion from both camps should be that if you have already bought, hold. if you haven't its probably worth waiting for now
     
    JL1, 12th Apr, 2018
    #3
  4. Silverson

    Silverson Well-Known Member

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    Well summed up, your last sentence in my opinion sums up investing in GOOD ASSETS full stop. Never sell regardless the market, only sell if personal circumstances mean you have to. My opinion only
     
    Silverson, 13th Apr, 2018
    #4
  5. Eric Wu

    Eric Wu Well-Known Member

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    Eric Wu, 13th Apr, 2018
    #5