Bubble created and supported by overseas investors
They were busy biying one. Sell at profit and buy more property. few yards away from my house massive housing development. I personally talked to several of them. most are ovrrseas investors and owns several properties in Melbourne Eastern suburbs.
Now the down turn has started. Hardly any of them have a job.
Give few more years bubble will end miserably for lots of people leaving them empty handed.
NAB, Banks and Looming Mortgage Crisis, page-6
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 (20min delay)
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Last
$39.93 |
Change
0.420(1.06%) |
Mkt cap ! $121.6B | |||
| Open | High | Low | Value | Volume |
| $39.75 | $39.95 | $39.70 | $118.9M | 3.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1431 | $39.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.93 | 1949 | 12 |
View Market Depth
| Last trade - 15.00pm 22/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |
