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No . If anything , I think this Sydney boom is less dramatic than some in the past ( seriously ) . In my first boom , the biggest problem was being able to get an appointment to see the loans officer at the bank . There are always doom and gloomers . There are always people who say it's...

A good combination of sage , thyme with a dashing of dill . Shaken , not stired Cliff

If the GFC didn't crash the market ....... Cliff

Though , don't take that as a recommendation to buy in rocky . From what I can see vacancy rates are high at the moment so I've looked elsewhere at this stage Cliff

We bought properties . First in Logan , then in rocky http://somersoft.com/forums/showthread.php?t=11656&highlight=Rocky Cliff

We only started investing in the last cycle at around the current stage in the cycle . Sydney had boomed . We had equity from a PPOR. Brisbane was starting to move but hadn't reached previous peaks and places like rocky and Townsville were still peacefully dreaming along , with the only...

Windyzz Again I've been hearing this for as long as I can remember . This growth has been going of for the last 60 years and I think for a lot longer . I've personally been aware of the market since my parents paid 25,500 for a house in Davidson ave , warrawee in 1969 / 70 . A few years...

Pretty close Cliff

How old are you ? We only woke up to property investing after my 40th . Doesn't take long to learn the basics and if you have bit of equity in your PPOR , it's easy to play catch up . Cliff

While I see it could be a problem for some , I wonder whether the people making enquiries with their MB are in the more aggressive group of investors , who watch the market constantly and are always looking for the next buy . You know those people , they're on somersoft .;) So given that...

I have a friend who sets up development syndicates for sophisticated investors and he's been struggling to find places that make sense in Sydney . He did his dd on a couple of sites in the hills and could see the justification for the asking prices . Felt it was too risky a proposition to take...

Serious reply Actually the east moved well before the west as it did in the previous cycle . My niece bought a unit in Coogee several years ago and was sitting on a nice capital gain before the west started moving . The west moved later but was playing catch up and moved faster and because...

Probably not . The sensible people are already watching from the sidelines while those buying won't be listening :o We've sold one property in Sydney , because it was part of a downsizing process where we changed our long term PPOR for a downsizer and our weekender . It's cleared a lot of...

I think we are starting to see widespread silliness or close to it , but it doesn't ( usually ) just stop over night . It's harder to tell in someways as the dynamics of the society have changed with much more use of social media nowadays , so everything seems to be hyped . Wasn't watching...

:D So people here were talking about Brisbane late 2013 and last year .... Cliff

Remember this place leads the pack , so when we get really excited and over exuberant , there is still some to go , but as NO ONE KNOWS WHEN IT WILL STOP , THE LATER YOU LEAVE IT , THE RISKIER IT BECOMES I have a low tolerance for risk , so I'm happy to watch Sydney from the...