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I personally doubt Sydney will drop anytime soon. I'm sure there are others here who research and watch the market much more than me who know. But I know the prices have to correct one day. If I was a betting man I would gamble on a big correction in the next 2 years. We will see but as...

thanks for the chart and all the opinions from everyone. It seems that if Sydney does drop it won't necessarily mean other cities will be impacted, even close cities like Newcastle. Apparently 25% of Aussies were now born overseas, in 10 years time at this rate it will probably be over 50%...

I'm sorry if 50% was too extreme, let me write it again then: Hypothetical Question - If Sydney Market Dropped by 20% say in the next 2 years how do you think it would effect other Australian cities? Let's say apartments and houses in Sydney lost value on average of 20%. So a $700,000...

Hypothetical Question - If Sydney Market Dropped by 50% say in the next 2 years how do you think it would effect other Australian cities? Let's say apartments and houses in Sydney lost value on average of 50%. So a $700,000 property dropped to be valued at $350,000 for example. 3 Examples...