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  1. Michael Yardney

    Property prices? Recession looming?

    Reply: 3.1.1.1.1.1.1.1 From: Michael Yardney Always Learning to answer some of your questions, and I am really talking about the Melbourne market which I know, because each state is at a different stage of their cycles,:- >What differences do you see >(apart from the interest rates >and...
  2. Michael Yardney

    Property prices? Recession looming?

    Reply: 3.1.1.1.1.1 From: Michael Yardney Always learning Thanks for the question. Firstly I was heavily invested when interest rates were 19% as the quote says and the market was not strong. People were not buying and if you look at capital growth which is what many investors were after, it...
  3. Michael Yardney

    Property prices? Recession looming?

    Reply: 3.1.1.1 From: Michael Yardney Yes Peter I have been through it before, and in the Melbourne eastern Suburbs like you. I've invested and traded through 3 property cycles. You are wise to ask for the opinion of someone who has been through it as most of the investors I see have not...
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