Re: Re: Foreigners Are The New Friends?



In my opinion prices need to be reduced by 75% before any significant movement takes place or any further interest from me.

I wouldn’t go quite as far as that Logan but I do feel a further correction, of around 30%, is on the cards. Whatever our estate agent fraternity may say, I’m pretty convinced that this market will be stagnant and declining until such time as we see a correction such as that.