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Vendors urged to hold off on selling

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Australian Broker | 16 Feb 2011, 06:00 AM Agree 0
Prospective property sellers are being urged to keep their properties off market until conditions improve
  • andre | 25 May 2011, 05:06 PM Agree 0
    I think people need to understand that the sentiment has changed with Australian housing and everyone is trying to get out of the market and in my opinion they should. Better cut your losses now than be a slave until you retire and find out that your house isn't worth much more than what it is now. Prices are ridiculously high (ie: 7-8 times the average wage) + cost of living keeps on going up... Oh people say now we have 2 income earners in the house, but what if they want to have kids or circumstances change and only 1 can work??!! At the current prices, it doesn't make any sense buying a house really...
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