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Labor? Liberals? House prices will still suffer

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Your Investment Property | 06 Jun 2013, 12:00 PM Agree 0
Regardless of the party in power after September, likely fiscal contraction will impact buyer sentiment levels, limiting any major recovery in property prices, one analyst claims
  • Lyn Hannie | 07 Jun 2013, 10:05 AM Agree 0
    Hi There, Would it be wise to purchase an off-the-plan single level townhouse in the Melbourne north suburb of Mernda right now. I've already made one mistake with a student apartment and cannot afford to make another mistake.
  • observer | 07 Jun 2013, 11:00 AM Agree 0
    Lyn, if you can't afford to make another mistake then don't buy. There are risks with every investment. The reasoning that led you to your first mistake is that of the REI and BBQ boasters - "Buy now"; "Property set to double"; "Be a property millionaire"; "House prices to the moon"; "It's different here".
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