| Although the many proponents of property investing will suggest that these forecasts massively underestimate likely future Brisbane house price gains, and investors would rightly be shocked because clearly movements are not what they expected and were told to expect, in the context of long term price movements the forecasts are patently realistic. It is the skyrocketing prices from 2001/02 that appears unrealistic! I don�t think anybody in the mid- to late-1990s would have forecast what was about to happen to house prices � then again, who was to know that Greenspan would enact his �put option� and supply liquidity to the world!! |
