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Investor

Let’s face it; what we’re hearing from the media at the moment is scary stuff - especially for those of us who own property.

Each day brings more doom and gloom. Another report of a company failure, a government handout - or bail out as some call it- and concern about an impending recession.

Some doomsayers are suggesting you should sell up all your properties before the almighty crash arrives here, just like it has in the USA.

However other commentators say our current markets present some great opportunities.

Some economists are predicting one million Australians will be unemployed and others are suggesting unemployment will only reach just over seven percent, which is where the statistics sat earlier this decade.

So is it a good time to buy properties or is it time to sell up everything? I wouldn’t blame you for feeling confused.

— Please click here here to read the rest of Michaels Market Commentary, http://melonmail.melon.com.au/em/mail/view.php?id& kbc13 —

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Make it a great week

Michael Yadney METROPOLE myardney@metropole.com.au

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