came across this blog about some guy
Not Fooled By Property Spruikers Hype
http://nfbpsh.blogspot.com/
it has some interesting case examples which i find really educational such as the one about a millionaire renovator and some other cases where they kept listing for astronomical prices and 1 month, 3 month, 6 months the listing price dropped and still was unsold.
it also shows a property is only worth what a buyer is willing to pay. all these self proclaimed millionaires in equity only. then again most of the examples were in WA. so it is very micro approach.
Not Fooled By Property Spruikers Hype
http://nfbpsh.blogspot.com/
it has some interesting case examples which i find really educational such as the one about a millionaire renovator and some other cases where they kept listing for astronomical prices and 1 month, 3 month, 6 months the listing price dropped and still was unsold.
it also shows a property is only worth what a buyer is willing to pay. all these self proclaimed millionaires in equity only. then again most of the examples were in WA. so it is very micro approach.
