Viewing Single Post From: House prices dropping?

Viewing Single Post From: House prices dropping?
cathnpaul	Nov 29 2007, 01:14 AM
Moderator - Croc. the yellow ribbon is for Maddy.x Posts: 464 Group: Members Member #21 Joined: October 29, 2006	JAMIEKERRIE Nov 24 2006, 03:01 PM G'day there, Ive heard conflicting points of view re house prices. On one hand I read an article on an Aussie paper websight that 99% of houses on the Sunshine Coast are unaffordable now, on the other i've been told by a family we are corresponding with the prices are dropping, by upto $80,000AUD, in some areas. Could it be the latter is now a consequence of the former, and the propety boom bubble has burst? If so, a great time to buy!! If you would like a bit of info - I can certainly ask Paul (my husband) who is in the real estate business on the coast. In fact in Caloundra!! I also work for a property acquistion company, which has confirmed the sunshine coast as a growth corrider for the next 7years. It helps with the business I work in. As previosly mentioned,Caloundra is a boom area, and it was in the paper not too long ago as the next place to watch. House price affordability depends on if you are bringing money over with you and also the wages you get. Give us a shout if you need any further help. I would like to know where this loss though is of up to $80k, it certainly isnt common knowledge if thats the case...
	LATE JUNE 2007, IS THE START OF <span style='font-family:Arial'>A NEW LIFE DOWN UNDER</span>

House prices dropping? · Accommodation