Paul Goodman's Page

If our experience in Australia is anything to go by then you will find that the firming of real estate prices is what we in Australia call the 'dead cat bounce'. Meaning that a cat thrown from a skyscraper will bounce on hitting the ground but not very high and the cat will be dead. Not I hasten to add that we do this to our animals but you get the idea.

Real estate is still greatly overpriced and has a long way to fall before buying a house becomes a good economic decision. There are some area… Continue