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  1. joeExpat

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    Not a guess, there's lots of negative pressures out there. Here's Some. Evidence from overseas has shown that a percieved shortage of property doesn't stop prices falling. I'm always amazed at the prices in Australia when I go home each year. It can't go on forever. I sold 1 IP recently...
  2. joeExpat

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    The credit crisis combined with the speculative bubble in Australian real estate could cause a worse downturn than seen in many other countries. Residential real estate will not be a good place to be over the next few years (the commercial stuff already seems to have been hit to a degree). I'd...
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