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Forum: Australia

Mar 3rd 2008, 3:14 am

Replies: 68

House Prices Down under-another thread..

Views: 7,423

Posted By Brav

Re: House Prices Down under-another thread..

What is the underlying problem of the entire deal with housing and food, really inflation in general? I just think a 7% interest rate is outrageous

Forum: Australia

Mar 3rd 2008, 1:24 am

Replies: 68

House Prices Down under-another thread..

Views: 7,423

Posted By Brav

Re: House Prices Down under-another thread..

Yes but isn't the interest rate something like 7.5%? And inflation round 3%? Why is it well over double that?

Forum: Australia

Mar 3rd 2008, 1:10 am

Replies: 68

House Prices Down under-another thread..

Views: 7,423

Posted By Brav

Re: House Prices Down under-another thread..

So, what is the reasoning behind the high interest rates and the hikes?

Forum: Australia

Mar 2nd 2008, 4:18 am

Replies: 68

House Prices Down under-another thread..

Views: 7,423

Posted By Brav

Re: House Prices Down under-another thread..

Oregon. Though the town is in Washington state. Even so my town only has 25,000 and has about maybe 80 foreclosures? Many auctions as well.

Edit: Just looked. There are around 200 foreclosed in my...

Forum: Australia

Mar 2nd 2008, 4:05 am

Replies: 68

House Prices Down under-another thread..

Views: 7,423

Posted By Brav

Re: House Prices Down under-another thread..

Or the states I'm sure. There is a town near me with 170,000 population and 2,000 houses are foreclosed there. The people here that buy houses at full price are idiots. Deals to be had all over....

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