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  1. Propertunity

    First home owner boom suburb that went bust. A case study.

    I think I'm entirely tired of hearing about what is happening in the USA & the UK. Can we give it a rest? :rolleyes: Oh pleeeeeease. They have the same support to exit their mortgage as anyone else does under the Consumer Credit Code. They can put their property on the market and sell using...
  2. Propertunity

    First home owner boom suburb that went bust. A case study.

    Yes, both of these are issues that would concern me too. 50 properties in 12 months into one area like that as a BA - sounds more like a tool of a developer more than an independant BA. (my apologies to the OP if this was not the case)
  3. Propertunity

    First home owner boom suburb that went bust. A case study.

    If you watch RE cycles, as you no doubt have, then you'll know that RE is a long term investment of min 5-7 years and more like 10 years. Yes people who purchased at the peak are locked in for a number of years as they may be sitting on negative equity. They can sit tight and ride it out or...
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