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Wave new houses goodbye, for now

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Your Investment Property | 05 Apr 2012, 12:00 AM Agree 0
A housing forecast has claimed the number of new homes being built will fall significantly unless serious reforms are made in the way building approvals are awarded.
  • Mik | 05 Apr 2012, 11:34 PM Agree 0
    I really do not think that dropping rates would make much difference to building a new home, we are looking to build, BUT interest rates dont matter, what matters the most to us is the high cost of housing and land. We will not be buying until prices drop around 20% in the mean time we will just stay with our parents and keep having over seas holidays, by the way we do already have our house deposit in a term deposit but we refuse to pay the blackmail prices vendors/builders keep asking for.
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