Slasher
On Friday as managers, planners and brokers across the country were fielding calls from distraught investors and close to retirement boomers fearing a future diet of Pedigree, a North-West Tasmanian real estate office was offering advice contrary to their equity market slinging cousins - Jump! While the equity market message was "don't panic and sell (I can't afford to lose more clients)", the message coming from Saunders Property suggested they'd rounded up some confused vendors and their stale listings for a dose of reality - "get out now, or it will be a bigger hit later." Nearly 20 properties were stamped with "Clearance Price", having their prices adjusted downwards and towards reality. From the meagre and less realistic - a 4k discount on the ultra-modern and obnoxious, to the bone jarring - 140k slashed from a tea and scone property with acreage. Almost 650k, for an average of over 35k per property was lit up, with embers of housing equi...