04 April 2007

US Meltdown Getting To Local Experts

The property meltdown in the US currently underway has obviously got some people at the banks spooked as they're coming out thick and fast with statements that we have nothing to fear and to keep buyng!

How the US mortgage market might affect the SA property prices

The local housing market seems to be reasonably strong, despite the moderation in global housing markets and in particular, the concerns surrounding the American housing market.

This is according to Standard Bank’s latest residential property gauge, which stated several reasons why the current dynamics in the US residential property market aren’t expected to materially affect local house prices.


Keep buying! Ignore that smoking crater that is the US property market.

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