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Financial Is property going to drop?, General property price discussion

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werksuckz
post Mar 6 2009, 03:04 PM

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Hi all,

was wondering whether it is a good time to buy property now? Considering that the future economic status looks bleak, should we, or shouldn't we buy at this point in time? I've spoken to different 'experts' and it's pretty much a 50-50 decision. Some say that the economy will experience a downturn soon, but some also say that the end is in sight.

Hope to hear your thoughts on this matter.


werksuckz
post Mar 6 2009, 05:20 PM

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Well, it's for my own stay... will areas around TTDI (condos) be really affected? I have a feeling that the selling price may not drop much due to the seller(s) not being in dire need of cash. Would it be safe to say that the general population of TTDI are more of a want to sell, but not needing to sell kind of crowd?

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