report from Propell National Valuers
- Thread starter kero
- Start date
considering everyone has been saying this since 2007 - 6 years ago - it's not exactly a surprise, is it?
i think the sydney market, in that report, should show a forward projection of 12%.
Rubbish. If everyone on SS knew that house price growth isn't going to continue in similar patterns to the past then there is no way these threads should have been 10 pages long...
http://somersoft.com/forums/showthread.php?t=63529
http://somersoft.com/forums/showthread.php?t=54038
http://somersoft.com/forums/showthread.php?t=47453
more to the world than SS, surely?
Then who are you talking about when you say "everyone"? I haven't seen more than a couple of the mainstream Australian property commentators deviate from their usual "double every 7-10 years" rhetoric. Those who suggest lower growth or even price falls are often labeled "doom merchants" or "doom & gloomers", they are far from the majority.
maybe my circles are a little more elliptic than most, I dunno.
everyone I've been chatting with have been saying for a very long time that the old "double in 7-10" mantra is well dead.
everyone I've been chatting with have been saying for a very long time that the old "double in 7-10" mantra is well dead.
