My feelings are prices will continue dropping for another 8-9 months in Melbourne at least, -20%. We are almost half way to that already. But I also feel the recovery will be slow, depending on wages & economy, so buyers will return around end of 2025. A lot of vendors under water next year.
@user-th8fn5kv6i29 күн бұрын
Thanks for your thoughts- there's a few variables leading into 2024: rate cuts? Rental's are also slowing, along with tighter rental laws limiting rent increases will challenge yields. Melb is a very interesting market - one to watch.
@Scott-ll9rbАй бұрын
Acceleration before the crash..winners curse..
@user-th8fn5kv6i29 күн бұрын
Akhil said it best!
@geoffreyparker7592 ай бұрын
didn't burst yet
@ASXStockPicking2 ай бұрын
This time is different 😂😂
@user-th8fn5kv6i29 күн бұрын
Heard that one before right?!
@Scott-ll9rbАй бұрын
Ps. Your convo comments around 43min.. Talebs “fooled by randomness” is worth a read too. Thank you both for this vid 🫡
@user-th8fn5kv6i29 күн бұрын
Cheers! Thanks for your comments and will check this out