Quite a strong debate on another forum this one!
House prices in Adelaide.
Any views on this.
Personally in my opinion, I am holding off from buying as I would have to take quite a big mortgage. I feel that the interest I would pay in the short term and any capital growth ( Generally I do not feel there will be in the short term) means I will be financially better off renting. Obviously a slightly different argument for cash buyers!
I have seen prices slowing for a few months here and some asking price drops, just trying to get some other opinions.
Look forward to hearing them.