Search results
-
M
Why are 4brs/family homes dropping the most
Isn't price the most basic fundamental of any investment? Sydney prices are still extremely high relative to the ability of Sydneysiders to pay for them. And also extremely high relative to their earnings. That doesn't seem "very much in favour of a boom" to me, even in the best of times...- Max Carnage
- Post #21
- Forum: Property Market Economics
-
M
Why are 4brs/family homes dropping the most
Almost, to June 2008. They are annually updated, but the rental report wasn't out when I did the update. They haven't. Asking rents for Sydney houses rose 15% in the 12 months to June 2008 (10.5% real) according to the APM index, to $420 in 2008$. You can plot that on the chart above. ;)...- Max Carnage
- Post #18
- Forum: Property Market Economics
-
M
Why are 4brs/family homes dropping the most
Depends where. Interest costs (SVR) on Median House Price (APM) versus 3br house rent (APM) adjusted to 2006$:- Max Carnage
- Post #14
- Forum: Property Market Economics