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Dollar dazzlers for first home buyers

Discussion in 'Real Estate' started by Billv, 25th Apr, 2009.

  1. Billv

    Billv Getting there

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    more here
    http://www.domain.com.au/Public/Art...&index=NationalIndex&headline=Dollar dazzlers
     
  2. AsxBroker

    AsxBroker Well-Known Member

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    If that doesn't sound like a bubble, I don't know does...
     
    Last edited by a moderator: 25th Apr, 2009
  3. Billv

    Billv Getting there

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    Dan

    It may sound like a bubble but it isn't, the price increases are small and could come back down when the FHBG is removed.

    In comparison, some of my shares went up by 20-25% in the past few weeks
    so I am more afraid that my shares could come back down 20% than that my properties could lose 20% of their value.
     
  4. AsxBroker

    AsxBroker Well-Known Member

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    Hi BV,

    Are those shares are still down about 45% from October 07?

    Time will tell if this recent run (in the last 2 months) is a short burst and drop back down or if the market is just going to go sideways.

    Cheers,

    Dan
     
  5. Billv

    Billv Getting there

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    Location:
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    Yeah they are down since 2007 but I didn't buy them then