dont be discouraged, wait for news if commercial property goes down the tubes what do you think will happen to the domestic housing market,where i live within a 5km radius the variation on median housing is 250k,and the old stuff invariably provides more land at the low end of the range.
the upper end is not moving,and listings are drying up,i am waiting for reality to hit and a larger sell off,first home buyers may well feel victimised then,but assuming generally they are young then time is in their favour.
as they say these are unprecedented times,with unprecedented opportunity,and offices are unlikely to get cheaper because of material and labour costs,the next 3 yeaRS WILL BE EXCITING
MOF Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held