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Lol that article. the economy has stalled, speculation on existing stock in Sydney is still happening but will cool at some point... that just needs to run its course. I don't agree that sydneysiders using their house as an ATM to import consumer durables really helps us much at all - it...

I had no idea everyone was hocking themselves up so high, for those that are, I'd say APRA is doing you a favour.

'engineer' suggests technical know how, forethought and creation. The reality is, 'oh god we've lost power, what do we do now?', 'keep slashing rates mate, that might fire things up'. 'what about Sydney tho it's a firecracker ready to pop', 'dunno, you hold the wheel and I'll go have a chat to...