Excuse Mr. Author, Are you saying prices have come down? I beg to differ with you... Only thing that comes into my mind is the panic buying of flat by middle class.. who were caught in the lure of falling floating rate interests..which at this moment is almost doubled.
I would attribute that this high interest rate is a deterrent for many youth.
And the real estate lobby is in fact thriving well and all odds are against the people who moved to flats, without seeing the razor & blad e strategy of Banks.
