Sydney isn't the only market to have had a massive run-up since COVID (Tasmania anyone?). Your argument could probably be made for any capital city...
I get a few emails from local real estate agents. I have noticed a few more properties being passed in at auction when they probably would've sold...
For those claiming that there are increased listings (or will be), where are you getting this data from?
So when are you giving up on property?:D
Might depend on total debt. LVR 90% on a 500k portfolio is a different stress to LVR 90% on 5 mil.
Except that the RBA and other central banks are forecasting a higher unemployment rate, so the belief that the economy will continue to be fine...
Not true, US banks collapsed in March. PPI has been falling. Europe is in recession. It's not smooth sailing.
That will never happen
Put yourself in Phil Lowe's position. Dragged through the media for years. The public whipping boy for economic hardship because the government...
The abc ran a similar article which had data from CoreLogic showing that the losses were sustained by property owners who had purchased in the...
Inflation won't be here to stay. Central backers are united against inflation, because they know what happens when inflation runs rampant -...
The counter argument to this is that much of our inflation was driven by supply side issues and fuel costs - neither of which were related to...
I don't think they care about asset prices if inflation comes down. This is the soft landing/no landing they're hoping for, so if achieved then...
What happened here? No vendor bids? What'd the agents do lol
I received a similar email for City of Canada Bay. 17 properties listed: - 3 sold via auction - 8 sold via private treaty - 3 sold prior to...
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