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With over 25 years of real estate experience, working every property market, including 'Boom and Bust'. I have personally and professionally witness the pain attached to a property market 'crash'. In my opinion what we will see in our real estate market in Australia is a 'correction' and not a 'crash' to house prices, especially in major cities like Sydney and Melbourne. The property market simply could not have continued to sustain itself at the high levels or growth each year, that we have all seen over the last three years.
The real estate markets and the world economies have proven that markets do not simply just continue to grow at 10% plus yearly, without a correction along the way.
It’s a 'Correction' now happening, Not a Crash!...
'Secrets of the Property Expert'
Please email me know your thoughts and comments.