Hi i had a interesting conversation with a friend the other day. We talked about the booming prices of real estate especially in South Australia which is where we live. We talked about how long the prices of real estate will be at these high prices for and if and when the market will crash increasing intrest rates and lowering prices on real estate. We predicted a year but we are not professionals. i am new to this game and am looking at the moment at buying my first investment property, should i buy now or wait for the crash in the market when prices will drop. I look hard for good investment properties in South Australia using the eleven second rule but am finding hard to find a smart buy. Any predictions about the future of the real estate market, any advice about this topic would be much appreciated. thanks[
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