Recent content by unloadmymind

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    The Mother of All Booms is Coming??

    According to the trillion dollar markets, you are more likely to see a rate cut than a rate hike, in the next year or so. In fact the market is betting a 0% chance of a rate hike during that time: http://www.asx.com.au/data/trt/ib_expectation_curve_graph.pdf currently, a 15-year...
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    The Mother of All Booms is Coming??

    Sydney is NOT considered to be in a bubble according to this independent report. Melbourne (and somehow Perth) will drag us down. Big time. http://m.smh.com.au/federal-politics/political-news/australian-housing-market-facing-bloodbath-collapse-economists-20150622-ghu8a6.html
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    What's gonna stop the Sydney boom?

    give it time. the state government will sell off those housos and let developers take over.
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    What's gonna stop the Sydney boom?

    It has a train station
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    What's gonna stop the Sydney boom?

    Well their prices were cheap to begin with. And as supply is really limited, buyers are not spoilt for choice. Besides, you're assuming that suburb cannot gentrify.
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    What's gonna stop the Sydney boom?

    Trading for speculation is different from trading for fundamentals. Those who switched interest may be regretting it.
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    What's gonna stop the Sydney boom?

    Well we live in an interconnected world. It's going to rattle the global financial markets. Our banks source a lot of money for funding their loans, from overseas wholesale markets. That's because internal Australian deposits and savings are massively insufficient to fund Australian loans...
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    What's gonna stop the Sydney boom?

    This will drag the entire universe down, not just Sydney. But Sydney is obviously more resilient than other cities is Australia.
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    What's gonna stop the Sydney boom?

    Hmmm. http://www.news.domain.com.au/domain/real-estate-news/the-50-most-expensive-suburbs-to-rent-a-room-in-australia-20150617- Young people planning to save money by spending a few years living in a Sydney sharehouse are in for a shock. In the past five years the average price of renting...
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    Poor first home buyers Sydney

    This is awful. We are desperately in need of supply. http://www.smh.com.au/nsw/illegal-accommodation-city-of-sydney-cracks-down-on-black-market-syndicates-20150616-gho8ie
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    Perth Property Market updates

    thank god we don't make taxpayer subsidized cars where i live.
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    What's gonna stop the Sydney boom?

    LoL obviously your perception of reality is clouded by lthe dearth of quality caffeinated beverages in your global city's cultural heartland.
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    ANZ staff lend 90pc no lmi?

    That's a shame. My employer offers 3.85% variable, full offset, no fees, IO loan at 90% LVR with no LMI. Owner Occupied or Investment.
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    What's gonna stop the Sydney boom?

    Apparently, not even APRA can stop the Sydney boom. http://www.bloomberg.com/news/articles/2015-06-17/sydney-home-prices-unlikely-to-fall-on-mortgage-curbs-nab-says "Surging home prices in cities including Sydney are unlikely to be affected by the banking regulator’s efforts to curb mortgage...
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    Perth Property Market updates

    NO. The highly paid miners who lost their jobs are being replaced by lower paid workers from Crown Casino and Coles. That's the gist of the article.
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