In a shock forecast, lender "Aussie John" Symond has warned all owners, especially those with investment properties, that prices will keep falling for years.
"Anyone who thinks this softening of the real estate market is about to turn around quickly is in for a shock because this gradual decline, I believe, will go on for several years," he said. "I would be putting it on the market, because I reckon the price you are going to get today will be higher than what it will be tomorrow."
Mr Symond was speaking to Channel 9's Sunday program, which airs tomorrow at 9am.
November 08, 2005
PROPERTY owners should sell immediately before prices drop further, the brains behind Aussie Home Loans has warned
Posted by blogger at 11/08/2005
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Shop at your favorite stores 24 hours a day. Why go to the mall when you can shop online and avoid the traffic
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