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  1. see_change

    What's gonna stop the Sydney boom?

    unfortunately no . Saw several myself . Cliff
  2. see_change

    What's gonna stop the Sydney boom?

    So do many other places in Sydney :cool: Ahhhh The train station .... Great place to get mugged in the evening :D Reminded me of the old waterworks " fun park " that was there many years ago . Had to close due to cost / risk of litigation . Friendly people used to put razor blades in...
  3. see_change

    What's gonna stop the Sydney boom?

    Because it's in the middle of the outer western suburbs . It has no distinguishing geographical features . It's a long way for the city. It's still has a significant level of housing commission property's. It is very much at the bottom of the Socioeconomic ladder and I see no reason why that...
  4. see_change

    What's gonna stop the Sydney boom?

    It had been cheap for a number of years before . I know prices moved up because demand outstripped supply , but the demand was mainly driven by investors who were buying on the basis of a change in sentiment. There have been no major changes in the fundamentals out at Mt Druitt . If you...
  5. see_change

    What's gonna stop the Sydney boom?

    Time will tell . Those who do nothing may regret it . I love this way that some people like to put done what some do as speculation as opposed to fundamentals . There is no logical reason why Mt Druitt should have doubled on the basis of fundaments in the last 2-3 years . Does that make the...
  6. see_change

    What's gonna stop the Sydney boom?

    The entire universe ? Gee , I better look at unloading my block on the moon . I was planning on keeping it as a potential DA site . I think if my suggestion for dioxygen scrubbers go the go ahead , then the moon would be a good place to dump that noxious waste so a double whammy to moon...
  7. see_change

    What's gonna stop the Sydney boom?

    I would have thought if that was an issue , mt Druitt wouldn't be getting to where it is . I think that so called MACROPRUDENTIAL changes are more likely , but the reality is we have booms on a regular basis and this is one of several I've seen and they're all the same . Cliff
  8. see_change

    What's gonna stop the Sydney boom?

    I apologise , I shouldn't have done that . It was a silly thing to say and is only likely to put people off in giving their opinions which is counter to the point of the forum . There is always lots of investment in Western Sydney . It's a big place , but my thoughts is it won't...
  9. see_change

    What's gonna stop the Sydney boom?

    Sometimes I'm tempted to make a list of other people's predicationspredications , so I can check them out in a few years time to point out people's errors . Those last two posts would have to be near the top of the list , but , hey I got better things to do . My personal predication is...
  10. see_change

    What's gonna stop the Sydney boom?

    don't think so :cool: .... Historically it doubles each cycle , and it's getting close to that now . It's getting close to the pooint where for the massess it's going to be unafordable and that's the thing that will slow it down . The valuers will be getting twitchy now . Cliff
  11. see_change

    What's gonna stop the Sydney boom?

    I'd agree with much of what you're saying, but unless we have a nasty increase in interest rates , i think we will have a period of stagnation ,followed by a latter fall . There may be a small initial fall as the market stops being crazy in terms of competition and people realize it's no...
  12. see_change

    What's gonna stop the Sydney boom?

    Ah ... Yes ... That did have an impact . Cliff
  13. see_change

    What's gonna stop the Sydney boom?

    2FAST4U if I was in Adelaide I'd be looking there . I'm not and it's still somewhere I'm thinking about . Cliff
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