Monday, November 12, 2007

Brendan O'Connor's property portfolio

Just wondering if Sunday Independent columnist Brendan O'Connor happened to see this article in last Sunday's (Nov. 4) paper. I hope he at least caught the headline: "Property price crash is now in full swing". I'm only wondering because he confidently asserted back in August that it was a "buyer's market". Funny how the prices are still falling despite the fact that property was "good value" in August.

I'm not going to pass myself off as any sort of expert. I can only say that the current dip in prices still smells a long way from having bottomed out.