So... why is so much property up for sale? Even in Chch, there are so many homes for sale, or am I just too aware of this because of my present investigations?
Do you have any theories about this?
- everyone is moving to Oz - well, that's not too far from fact, just drive around some southern Brisbane suburbs or go to Bondi in Sydney - you will see what I mean.
- investors are selling off their assets to buy other assets
- people can't afford their mortgage
- the market is buoyant - lots of people wanting to buy for big bikkies
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