Search results

give it time. the state government will sell off those housos and let developers take over.

It has a train station

Well their prices were cheap to begin with. And as supply is really limited, buyers are not spoilt for choice. Besides, you're assuming that suburb cannot gentrify.

Trading for speculation is different from trading for fundamentals. Those who switched interest may be regretting it.

Well we live in an interconnected world. It's going to rattle the global financial markets. Our banks source a lot of money for funding their loans, from overseas wholesale markets. That's because internal Australian deposits and savings are massively insufficient to fund Australian loans...

This will drag the entire universe down, not just Sydney. But Sydney is obviously more resilient than other cities is Australia.

Hmmm. http://www.news.domain.com.au/domain/real-estate-news/the-50-most-expensive-suburbs-to-rent-a-room-in-australia-20150617- Young people planning to save money by spending a few years living in a Sydney sharehouse are in for a shock. In the past five years the average price of renting...

LoL obviously your perception of reality is clouded by lthe dearth of quality caffeinated beverages in your global city's cultural heartland.

Apparently, not even APRA can stop the Sydney boom. http://www.bloomberg.com/news/articles/2015-06-17/sydney-home-prices-unlikely-to-fall-on-mortgage-curbs-nab-says "Surging home prices in cities including Sydney are unlikely to be affected by the banking regulator’s efforts to curb mortgage...

Sudden oversupply (unlikely) Sudden interest rate hike (unlikely) Sudden depopulation (unlikely)