SA’s property market’s soft landing nothing to fear - Seeff
SA’s property market is currently having a soft landing, which will put it in a strong position to spring forward from, reckoned top realtors.
“Given that almost a decade ago, we survived an interest rate of 25%, followed by eight years of an average of 15%, the current 12% is hardly cause for alarm, says Samuel Seeff, chairperson of Seeff Property.
To translate: "Keep buying! Please for the love of god keep buying!"
The most hilarious quote though is this:
Golding said residential property market analysts are closely watching the US market but contrary to expectations, there doesn’t seem to be a slide in the property market, despite rising interest rates.
Yeah the US property market is totally not in freefall at the moment.