Quote:
Originally Posted by Claeren
In the medium+ term I really don't think you will gain anything on your condo, or loss anything on the house. I guess the safest option if you neeed to act now is.... sell the condo (which is more likely to go down/stay same than it is to go up) to buy the house (which is marginally more likely to go up than the condo). In leveraged dollars, any scenario is better than going down...
Claeren.
|
Disagree; the slowest parts of the market right now are the outskirt areas like New Brighton. Whether the market picks up of goes down further, I can't see property that far out; outperforming the property near the core.