Reply to "Engine out"

OzGT5 (Guest)

Like in any downward trend, surely there are cahsed up people taking advantage of this situation and snapping these houses up?

I mean people wtill have to live somewhere right, so the rental market should be strong if people are not paying mortgages.

I spent a few hours last night looking around and there are some great houses available for 150k that really should be in the 300's.

Surely these decent houses on large allotments with room for kids and dogs etc should pull reasonable rental returns for cashed up investors?

3/14/102:51 PM

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