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Viewing 3 posts - 1 through 3 (of 3 total)
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All Topics / General Property / two interesting articles in the Melbourne Age regarding dropping property prices this quarter and practices of Central Equity
MELBOURNE house prices have recorded their biggest quarterly fall in value since 1993:
http://www.theage.com.au/news/national/rates-hit-home-prices/2008/04/25/1208743253101.html
Interesting buyback behaviour from Central Equity:
http://www.theage.com.au/articles/2008/04/26/1208743326617.html
Its o.k, just wait 7 years and property prices will be double lol
As I'm looking to buy, not sell at the moment (for PPOR) "now is as good a time as any" especially as my rent just went up.
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