Property prices are starting to drop ever so slightly across Australia, so the question worth asking is: how will a real estate price slump affect you?
This video from Fairfax Media includes a brief interview with Victorian Executive Director for HIA, Robert Harding. He provides his view on a number of issues, including:
- How will this affect people who have just bought?
- How can owners minimise the affect of a fall in property value?
- Is it a good time to buy?