Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Canberra auction clearance rate is higher than Brisbane... what does this mean?
Trying to be ahead of the market I suppose and where else are all those CGs from Sydney going to find a home.
when FHB are priced out, it can become compelling to move and be able to buy elsewhere
I'm hoping this gets some of the crazy crowd out of Sydney into other capital cities and regions. Sydney is beautiful but so are other places. The internet has made such a difference to the regions. You really can live a good life in a great house with nice neighbours.when FHB are priced out, it can become compelling to move and be able to buy elsewhere
Devank: how about a comparative chart with Brisbane as the index?
I guess that's my point. These forums preach education, research, crunching the numbers. But in the case of Brisbane it seems that's all thrown out the window, and despite it being the 1st state to lose it's international AAA credit rating, massive debt and unemployment on the rise 'it's going to be next'. Usually those 'in the know' who are ahead of the market are looking at some indicators rather than just because it should, or it looks affordable compared to Sydney.
Is it a case that's it's all BS and no one know's anything, they just talk it up and hope for the best?
And it might be cheaper to buy, but where are they going to work?
The floods were really devastating and how can we forget them?
The credit rating was lost in part due to massive infrastructure spending, while I agree unemployment may be rising it isn't at excessively high levels. Migration of people from interstate can generate growth to some degree, I don't think anyone is suggesting it is going to have a massive boom but growth is likely after a period of underperformance, if you read some of John Edwards research it indicates similar . I like to have my investments well diversified across regions and states to capture growth when it happensI guess that's my point. These forums preach education, research, crunching the numbers. But in the case of Brisbane it seems that's all thrown out the window, and despite it being the 1st state to lose it's international AAA credit rating, massive debt and unemployment on the rise 'it's going to be next'. Usually those 'in the know' who are ahead of the market are looking at some indicators rather than just because it should, or it looks affordable compared to Sydney.
Is it a case that's it's all BS and no one know's anything, they just talk it up and hope for the best?
And it might be cheaper to buy, but where are they going to work?
I guess that's my point. These forums preach education, research, crunching the numbers. But in the case of Brisbane it seems that's all thrown out the window, and despite it being the 1st state to lose it's international AAA credit rating, massive debt and unemployment on the rise 'it's going to be next'. Usually those 'in the know' who are ahead of the market are looking at some indicators rather than just because it should, or it looks affordable compared to Sydney.
I'm just curious why some people are a little gung-ho on Brisbane in the absence of any indicators that it should increase in value. Especially as some people are talking down the Canbrrrr market.
The property market is the same . Fundamentals play a role , but when the market is moving emotions take over .
It's easy to watch and say it doesn't make sense , but IHMO , the strongest moves don't have much to do with the fundamentals of an area .
Cliff