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Sydney is no longer cheap! :cool:

OK, lets take the most vulnerable of people into this equation. Welfare recipients! And let's take a look at the rents they pay. No matter where you live in Australia, with the exception of some remote areas, welfare rates are the same. I won't make assumptions as to what they pay, so I will...

Well, that's a given. We should always do our due diligence. As for developers, sheesh, that's like believing in what you see on TV. I would never advocate listening to ANYONE on face value, especially those with a vested interest, but I do believe in looking at what history tells us. Of...

It's not the increase I want. I don't drive the market. The renters will, themselves, push the rents up via supply & demand. Have you not rented? Did you not get rental increases? The cost of living goes up, wages go up and rents go up. Nothing stays the same. It's the same argument as...

OMG!! Is your sole purpose in being here to spruik negativity, because you are doing a great job of it? I said that I don't have a crystal ball, you even quoted it. The fact is that you can suppose all you want to about how bad things can get, but I've heard it all before during other...

And if pigs fly, we'll probably see the Sydney median at $3m by the end of the year. Look, I don't have a crystal ball. You say IF, and PROBABLY, but you don't know anything for sure. All anyone can say with any real certainty is what has happened in the same situation in the past, and...

I have to disagree! Yes, initially there will be oversupply, but unless they put a stop to new immigrants coming into the country, this is only temporary. The new stuff will get absorbed into the market, and we will start to see pressure on rents. Of course, this won't happen over night, but...

It was the same last time around. I'll talk bread & butter low income properties, because, hey, they are the ones that are more inclined to struggle when money is tight. So.....last time around, I was getting around $170pw for a cheap 3 bedder, (down from it's previous high, of around...

There's always buyers......for the right price that is.:D Sydney is an ever growing City. Realistically, when construction stops, it will put more & more pressure on rents, pushing prices up, and tenants will have no option to either pay more, or move further from the City. As rents &...

If you have population growth, they have to live somewhere. Maybe they can't afford to purchase somewhere, but they can afford to rent. This puts pressure on rentals. Eventually some of these renters will purchase themselves. So, they may not push property prices up as soon as they hit our...

I don't see "the mother of all property booms" quite yet, but agree that it will come. There IS pent up demand AND the population is growing, add to this there is not nearly enough new builds, BUT - and this is the big thing - lending is not nearly as easy to get as it was. This one thing...