Yes, even Australia banks are having a hard time dumping overpriced homes onto the market. Why buy now when you could wait a year or so and buy %20-%30 cheaper, which is already On top of the already reduced price (%20-%40)of course lending standards will be tighter as well as increased deposit ratio). There will be no turnaround next year-anyone that tells you so is merely gulping the purple Kool-Aid while they move their capital out of shaky institutions, leaving you with the bag
Enjoy!
Enjoy!
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