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  1. Tibor

    People still investing in Australian residential property are just plain dumb

    Hi Brains, Regarding to Logan I am still willing to stick my neck out that there will be no big time fall. In the past I have already mentioned several reasons why Logan had to increase in price dramatically, but for those who have not read ot let me repeat some of them; 1. Logan is one of...
  2. Tibor

    People still investing in Australian residential property are just plain dumb

    Bill, I will provide an update on Logan, after talked to him (and maybe with some others) over the weekend. I would not think that the majority of the sellers are out of town investors, but it is only my opinion. Logan after 10 terrible years just had an extreemely fast catch-up, but it is...
  3. Tibor

    People still investing in Australian residential property are just plain dumb

    This is from an RE agent in the Logan shire (as of today) whom I will see on this Saturday (not to buy at this stage, just to keep contact) in short points for my question how things were going? "Inquiry rate dropped to zero in the last three week Prices has stoped but they are holding I...
  4. Tibor

    People still investing in Australian residential property are just plain dumb

    Hi everyone, Interesting thread, differing opinions. My opinion is that the market will into any direction that is based on sentiment (herd mentality). The really serious investors do not pay much attention to it, as deals are available every day, it might just takes a bit more effort to...
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