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interesting, sounds like spruiker talk. The cost of servicing debt fluctuates, lenders are quite aware of that.

professional salaries for the last 10 years or so have exceeded most other parts of the world. Am not sure how your reply relates to my post however until the recent exchange rate collapse there was little financial sense in moving countries

the banks shake the rattle, the public bails them out, joe average gets slaughtered

so long as $200k is the median income for a Sydney household. it would also be a mistake to think that what is available to borrow materialises into a median house price.

ha, let's just round it off to $2m whilst we are at it seriously tho, I think there is a flee of skilled labour taking place now. the guys that chase the hot money are moving on

my thoughts exactly. I am looking at returning to London, the 2 bed apartment I sold has gone from $500k to $2m but you get that, the jobs and money are there so you just pay it

why would brissie take off in the middle of a mining and oil slow down? And do people really make the move for cheaper housing?

excellent demonstration of how slow property markets move - both for and against your position

"some markets" being the key point there MTR... the areas I am looking at supply is still tightening and prices rising nicely. And overall we are still 1,000's of listings from even being a balanced market. I think SS's very own Aaron is responsible for a flood of 1 bedroom suburban apartments...

never a truer word spoken - if there is population growth but supply is greater, prices will go backwards. you need to look for supply imbalances

or if the thread was entitled "things look good but who really knows as credit is ridiculously tight, the yanks are history, we rely on china but who knows the fact or fiction there, so things could be bumpy hold on but hopefully property will go up in value if you are fully invested"? also...

"average home prices are actually 4.6 times average disposable household incomes using the largest sales database in Australia and the ABS’s December 2009 National Accounts data" I'm going to get a job working for Chris flipping burgers