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Aussie Property Market

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ORIGINAL POST
Posted by DaHKGKid 17 yrs ago
Okay all you HK property investors investing abroad. The Aussie market seems to be holding tough while all others are getting hammered.


This market has been inflating for years now and for some reason all growth has occurred during those years of around 8% unemployment and high interest rates?


What is in store for the market? We know the AUD has been beaten badly so that's half the battle but when should these bubbled markets burst so we can dig in?

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COMMENTS
DaHKGKid 17 yrs ago
Thanks for that information. Yes, noted many with retirement schemes depending on how they where invested and by whom are down signficantly. Note that most 401K's in the USA are down 40% or more.


If you dont mind me asking where is your home located that has lost 20% of its value already?

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