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Old 21-03-2008, 11:34 PM
no buyers---
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Default 1133

Prices are still high because sellers are still asking for sky high prices, but buyers are unwilling to fall for the trap, with some buyers making offers that are laughed at by the proud sellers.
Hence the low number of transactions.
There may be fire sale deals when sub-sales speculators can't get bank loans at TOP, or people who pool money to speculate on property start to have disagreements, or they start losing jobs and can't afford to hold any longer.
Then I'll jump in.

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