Quote:
Originally Posted by Iggle Piggle
Obviously a crash would hurt those downsizing, but if the crash is pretty much relative/proportional across all segments then it would be a good time to upgrade/upsize, yeah?
|
As long as you don't lose your job in the economic crash that comes afterwards and can therefore keep paying your mortgage repayments.
Me.. I think Australia needs the housing crash and the resulting economy crash so that it can all start again, maybe do it right next time and nip greed in the bud before it gets to this point again.