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Property Talk – with John Taylor

Wed, Aug 5, 2009

Business, Real Estate

Is the economic outlook improving?

It probably depends what you read and who you listen to. There are some gloomy predictions around not helped by Kevin Rudd’s recent statements where he described our economic future in quite negative terms.
Surely leadership is about inspiring people – don’t hide the facts – don’t highlight the gloom – talk confidently and show the way forward with serious plans for the future.
Imagine when this economic mess first started if Kevin Rudd and Wayne Swan had promoted Australia’s fortunate economic position and given high priority to working together and remaining confident about the future.
Maybe the “Cash Handout” wouldn’t have been necessary, maybe we would still have a surplus in the budget, and maybe unemployment would have stayed relatively stable.
As stated many times by many people, including the Reserve Bank Chairman, the single most cost effective way of improving our economic situation is by talking and acting confidently.
Regardless of any uncertainty that might exist, the property market is reasonably active with a noticeable increase in buyer inquiry over the last few weeks.
Most active established agencies are recording sales.
In the last six weeks our agency has put $4.9 million dollars to contract with another $4 million currently under offer or in process.
I believe these buyers are demonstrating several things – they have confidence in the future – they see now as a good time to buy from a market point of view – they see now as a good time to take advantage of low interest rates – they see property as one of the safest forms of investment.
Once again – buy now and look forward to looking back with satisfaction in the future.

Montville Real Estate; 200 Main St, Montville; Phone 5478 5478

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