Quote:
Originally Posted by Bossxr8
That's a fair point. With the loan deferral program running things aren't changing yet. But i'm not completely convinced they will anyway.
Local land sales dropped right off when the first lock downs started, but once talk of restrictions being eased surfaced, sales went straight back to where they were previously. And auction prices have not dropped at all. Still places selling for well over the reserve price.
Outside of the overpriced capital cities I think it's hardly even going to drop.
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We all talk about generations being cotton woolled, yet we continue to do it to our economy so the ivory empire doesnt fall....
Investment is meant to have a risk component.