03.08.2011 - Australia: A new era for our property markets?
Residential property is going through a crisis of confidence at present; the market has been stalled by a continual conveyor belt of concerns. We're worrying about the rising cost of living, the threat of a housing bubble, the direction of interest rates, the state of our economy, an overseas sovereign default, the carbon tax and a whole lot more. Currently, the market remains balanced between positive forces (our strong fundamentals) and negative forces (poor consumer confidence) and until some of the uncertainty clears we'll see many home buyers and investors sitting on the sidelines waiting to see how things pan out..............................................Full Article: Source
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