I am thinking about purchasing an additional IP, however for some reason I listened to some of the negative people I know.
This lead me to some simple google searches which all seem to think that the Sydney property market is in for a major crash, possibly 30 to 50%.
I know that no economist has a crystal ball but I was wondering what some of the more advanced investors on this forum think.
Would you continue to buy in the Sydney market, would you wait for this so called crash???
I was looking to spend around 350k on a house in St Marys.
Thanks in advance for your opinions.
This lead me to some simple google searches which all seem to think that the Sydney property market is in for a major crash, possibly 30 to 50%.
I know that no economist has a crystal ball but I was wondering what some of the more advanced investors on this forum think.
Would you continue to buy in the Sydney market, would you wait for this so called crash???
I was looking to spend around 350k on a house in St Marys.
Thanks in advance for your opinions.