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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Last
$39.75 |
Change
-0.320(0.80%) |
Mkt cap ! $121.6B | |||
| Open | High | Low | Value | Volume |
| $40.25 | $40.27 | $39.62 | $78.03M | 1.957M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1860 | $39.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.75 | 246 | 8 |
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| Last trade - 15.40pm 25/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |
