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I would say alot of the people buying in the $1mil mark already own property in sydney and are just riding the wave. The same ones that bought over 10 years ago where they could afford and are now "upgrading".

I dont think the demand for houses will ever stop.. Units are something else but houses will not be impacted.

What about if its a PPOR? Do you think people should hold off? Im kind of in that boat atm. not sure if should jump into a PPOR now or buy a few more IPs

so how are we going with Sash's prediction? still on track? well over 80% clearance in sydney last week cant see this slowing down

Wasn't this tax deductible anyway? how was this written off in tax prior to these changes? depreciation of asset or something?

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too much demand for houses in sydney. This wont change. Houses will be as safe as houses

i dont think land will be affected. there will always be demand for houses. units on the other hand will suffer

i do think this time round there are record number of people waiting on the side lines for the market to cool so they can jump in. those people alone will help soften the drop, if any

they get a commission of 2.5% from developer. i would prefer using a Buyers agent

I think overall buying established will always perform better. buying established will get you something bigger, smaller number of units at a lower price.

that makes it sound like there will be plently of strong demand for many years to come

TA hasn't apologized to Chan and Sukumaran either. Are you saying that Hicks wasn't fighting with the Taliban? Im happy for any Australian politician to say torture is wrong but hicks does not deserve an apology

Ive been to Chile plenty of times in the last 5 years. You are are spot in in regards to your research. I do think Australia has much better career opportunities in general however it doesn't seem you are migrating there for that reason. location is key to the lifestyle you want. Living in...

not so much answer but perhaps opinions.. thats what normally happens on a forum right?

forgive me for thinking out loud

will there be a correction? and if so by how much?

i came across this development by accident a few months back ( i was looking for flemington station and took a wrong turn or two). I couldn't believe there were people actually living in these units. It actually looked like people were living INSIDE a construction site. Nothing had been...