Residex index for Sydney hit $1.08M in November... http://i187.photobucket.com/albums/x308/LPShadow/Residex-Sydney-Trend-Nov15.png~original
The first one is bigger (compare the dimensions of each room), has a bigger deck, and is finished better - nicer kitchen, floorboards instead of...
The current boom has been much smaller than the last one. But is it over? [IMG]
Sydney City, Inner South, Eastern Suburbs and Northern Beaches still had 80%+ clearance rates this weekend......
Sydney now at $1.04M in August... http://i187.photobucket.com/albums/x308/LPShadow/Residex-Trend-August-2015.png~original Could it reach $1.1M...
Yes, the weakness is all in the west of Sydney, and the central coast. Most of Sydney is still very strong, with the eastern suburbs and Northern...
Housing markets typically boom, fall back a little bit and then stagnate for a few years before the next growth cycle.
Residex Sydney house price index has now passed the $1M mark... http://blog.residex.com.au/2015/08/28/property-market-update-3/ So that's APM,...
I listed 12 untrue claims that he made. Unprecedented since when? The ratio was almost as high in 2003, and I suspect it was also higher prior to...
Everywhere else? There was a crash in Ireland, USA, Spain and Greece about a decade ago. Maybe a couple of others. But there are over 200...
The proportion of renters has barely changed for seven decades. Mortgage slave for life? That's funny. A typical loan term is 25-30 years, and...
Yes it is rhetoric. And numerous economists isn't the same as 'nearly everyone', and even those few economists didn't think the mining boom would...
The majority (roughly two thirds) of Australians own their own home. Our home ownership rate has been within +-2% of 69% since the 1950s.
Exactly. If people (including investors) stopped using mortgages to buy homes, then where are they all going to find a home to rent, while they...
The author really isn't stating facts, he's just voicing his opinion. But lets start with these ones... 1. Nearly everyone assumed that these...
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