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  1. S

    How much puff does Sydney have left?

    Not me... I am a verified coward and have proven doubt I am very stupid that I will enter a sellers market which is moving up in droves! What about you MTR...are you game...I know you have the smarts?? :D
  2. S

    How much puff does Sydney have left?

    I second that....I was in Milan last year. Everyone keeps up appearances of being wealthier than they are. Very arrogant and shallow city. I used call it "all showa..butta no mooneeyy". I cannot believe how the hell Italy got into the EU.....in a few years their standard of living will be...
  3. S

    How much puff does Sydney have left?

    Only in parts where there a lot of new home buyers and investors who borrowed a lot due to the FOMO (Fear of Missing out) syndrome. The banks pushed by APRA will make the 7.5% as the norm as the serviceability stress test. Some banks like SunCorp have always have done this. Australia will...
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    How much puff does Sydney have left?

    Enlighten me: What state do you think the economy is in now?? Last time the economy in 2004 to 2006 was ok not great but ok. Unemployment as similar....but economy was not as bad. Don't have stats but saw it first hand...believe or not there were repossessions in Kellyville. In some...
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    How much puff does Sydney have left?

    You hit the nail on the head...this is how most of the Australian population thinks....most of the skyscrapers go to overseas buyers....they are buying what they see as ideal in their homeland. Whereas here...the value is in low rise units, houses, villas and townhouses.
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    How much puff does Sydney have left?

    Hmmmm....based on your handle.....you are 26 years old correct? Next question...how many down turns in the Sydney market have you seen play out? In relation to the posts: 1. Really....you are listening to brokers about banks and APRA...lets say that I have senior level contacts within...
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    How much puff does Sydney have left?

    Here are my thoughts: We have hit the peak in Sydney.... Why???.... 1. The banks will tighten the reins on the investors...and this will cut supply in Sydney in particular. However, this will pose a new found benefit Melbourne Outer suburbs, Brisbane, Perth, and Adelaide...as investors...
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