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Showing posts with the label hobart burnie launceston real estate crash tolstoy

Rules don't apply

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Nine months ago I was telling him housing was in a pickle - huh? Six months ago his ears prick up - oh yeah? Three months ago he acknowledged he'd noticed the same - the market is slow. Today he's telling me the market is falling - but then he tells me his big plans, apparently this falling market thing bears no relation to his own house. When 'they' say real estate is local, they aren't kidding. It's not the region; the suburb; the street; or even the house - it's the mind. While not medically proven yet, there's a housing gland in everyone's head and some people are unlucky enough to have a tumour grow on that gland. That tumour puts pressure on the housing gland, which then secretes house hormones that endlessly inflate the value of your house - in your own mind. I couldn't imagine how big his tumour was, but all logic flew out the window. Despite the signs of the housing apocalypse - an apocalypse he readily acknowledged - he intended to reno...