Buyers Beware - The Residential Property Market is heading into a perfect storm

Buyers Beware The residential property market is heading into a perfect storm. Another 20% drop in price could be conservative. Why? Confidence and Credit are two critical building blocks to capital growth; both are under severe pressure. Therefore, buying off-the-plan apartments in the current property market could be a financial disaster. There is a long way for this downward trend to go. We Have a Sound and Practical Solution Firstly, Investors need to acknowledge what has been is no longer, and it is time to rethink and move on. Australia is a very different place to what it was just ten years ago, and this trend will continue. Investors need to recognise the only way to make money in the residential property market over the next property circle will be to create a different model; now is the time to prepare, not act, but prepare to become a contrarian Investor. We Believe that Great Opportunities Come Out of Great Problems We have been patiently waiti...