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  1. evand

    Recession likely in Australia

    That certainly hasnt been reflected in their share price, which has been absolutely hammered lately. :( http://au.finance.yahoo.com/q/bc?s=HVN.AX&t=3m&l=on&z=m&q=l&c=
  2. evand

    Recession likely in Australia

    I disagree entirely with both your propositions. But thats ok. Thats what forums are for. You have your opinion and i have mine.:) In my experience, people's predictions (especially bold ones) are usually based on what they want to happen rather than on what they think will happen (or what will...
  3. evand

    Recession likely in Australia

    We must be talking about a different Central Coast. I have IPs there and monitor it constantly. Also know an agent or 2. The signs of a long price stagnation are in Sydney.
  4. evand

    Recession likely in Australia

    As you would know Sydney is a lot of different markets. Properties in the northern & eastern suburbs have actually risen the last couple years. The inner western/southern suburbs have risen a small amount or stayed flat while the outer western/southern suburbs have and still are fallen...
  5. evand

    Recession likely in Australia

    Some pretty bold predictions there mate, what model is your crystal ball? :) But good Luck with it all. I remember reading in the paper in the late 90s that rental yields were at 10% in outer Sydney and still people didn't take notice. It wasn't for another 3-4 years the boom started in...
  6. evand

    Recession likely in Australia

    Its not the 30% drop that people don't notice. Its the stagnation in property prices for a long period that people don't notice. With rents increasing and properties falling behind inflation by 5% per year (a la 90 -98) in a few years most of the population have forgotten about property...
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