Are The Massive Drops Of Interest Rates & Falling Shareprices The Start For A New Property Boom?
Thursday, February 25th, 2010In Sydney at least, current conditions are: – Sharemarket volatility – Bear market – Massive cuts of interest rates – Few new housing constructions because of the recession – Rental shortages – Years of stagnant property prices (property bubble popped in 2004-3). Good conditions for the next property boom?