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Thank you for posting this. The headline you’ve chosen for the forum topic says EVERYTHING one should need to decide whether to buy or sell right now. SELL!!
Unfortunately, the lemmings are all currently shopping for new “digs”. I am sure they will get right back to paying attention, after their closing dates come and go. NOT!
Finally, homebuyer behavioral economics! Great article. Where have you been leung_lewis?
Hi powayseller, just been busy at work and not been checking this site very often. Besides I didn’t come across much worth sharing so don’t want to waste the space.
Btw, CME’s finally launching housing index futures so now there’s at least a way to reduce damage without selling. Check out my other post “Now you can hedge against a property market downturn” if you’re interested.