From: See Change
My personal thoughts, along with many people in the forum is that the sydney market is going through a high point of the property cycle at the moment , with properties going for well over reserves etc ( similar to a share market "blow off top " )
My question, for those who have been around longer than me , is How is it going to end ?
In previous reversals did the market gradually die down or did it stop suddenly due to a single ( or several ) bits of bad news ?
happy investing see change
My personal thoughts, along with many people in the forum is that the sydney market is going through a high point of the property cycle at the moment , with properties going for well over reserves etc ( similar to a share market "blow off top " )
My question, for those who have been around longer than me , is How is it going to end ?
In previous reversals did the market gradually die down or did it stop suddenly due to a single ( or several ) bits of bad news ?
happy investing see change
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