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Formula for all property market news stories
"); document.write("1. Start with the bad data
2. Predict some good news in 6 months
3. Mention further rate cuts
4. End with some more bad data. D"); document.write("
Correction?
"); document.write("Can somebody please explain to me why South Africa had the highest run up in property prices but nobody expects a huge price correction like they have seen in the US and UK?. What Bubble?"); document.write("
cant believe that !!
"); document.write("what a surpsise... \"March House Prices Fall\" wow.. why dont we just print the same article bi-monthly and change the date..?? \"April House Prices Fall\" ps love the \"formula for property market news stories\" from D.. thats exactly how they writte ! P. P"); document.write("
house prices drop
"); document.write("If house prices drop by 20% they would still be beyond the average S African, prices have been talk up for years just like UK,USA.(fat cats just get fatter). K. Wallis"); document.write("
High property prices
"); document.write("Bought a house in 2003 for 220k. It's 56 square meters on a 150 square meter plot. It's now worth about 600k. When we bought our bond was R3000 per month. My neighbours who bought later are now paying about R7000 a month. The only thing that saved us was that we bought at the right time and paid in extra as we had available. We are about 3 months away from settling our bond thank God. I don't know how the average person affords property these days, especially the poor.. Alwyn"); document.write("
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