tag:blogger.com,1999:blog-5947657417687606134.post8924577748321429198..comments2008-08-21T01:36:02.806+01:00jayhttp://www.blogger.com/profile/07411905421917396485noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5947657417687606134.post-68883919503488850002008-08-21T01:36:00.000+01:002008-08-21T01:36:00.000+01:00My understanding is that the influx has stopped and is in reverse... and the rental market has slumped too. A recession will certainly discourage immigration, but may encourage renting. I stick by my prediction, let's see what happens...jayhttp://www.blogger.com/profile/07411905421917396485noreply@blogger.comtag:blogger.com,1999:blog-5947657417687606134.post-14580417494519625902008-08-20T22:34:00.000+01:002008-08-20T22:34:00.000+01:00I think the main difference between now and the last price slump is:<BR/><BR/>* Influx of people.<BR/>* Increase of renters.<BR/><BR/>I see the bottom end of the market levelling out soon (within a year). The rest of the market will fall into place soon after.Ross Taylorhttp://www.blogger.com/profile/12766496548470581837noreply@blogger.com