Reply To: 50% Fall in price



When you consider affordabilty, 50% below peak still looks a little expensive to me.

I looked at two house today, and I would estimate them both to be around 50% of peak (or less), and I can see that they are likely to go still lower.

Both were a little inland though. The expat urbs seem to be doing a little better in this area, maybe 40% down on peak, and there are a few sales going through.