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I am pretty optimistic about sydney property in general. however all property will fair well IMO. I see the 2% may be on the cards if we tough recession/depression. In the US earlier this year they dropped rates so quick it wasnt funny. there was a 3/4% and a 1/2% drops 2 weeks apart and i...

With A$160,000 in savings, he would need a A$600,000 mortgage to buy a family home in Australia's biggest city -- double what he can afford. So he plans to buy north of Sydney and commute. this guy needs to lower his expectations on what he can afford and not. if he doesnt have the money...