Australian Money Forum

[Miller]

I spoke to a professional property investor (QLD) other day and asked him for how long he would (be able to) hold his IPs not selling them if the prices were going down say 5% a year? He said as long as it’s necessary till they go back up. Bluff! but I am still looking for the answer on: how to calculate “the point of panic”? For how long and how much the market must decline to make the majority of property holders to stop loosing money and put their assets for sale? If the prices do go down this year will “they” start selling?

I am avidly watching the US crisis. It might give some answers.