30% of Sydney buyers are moving into new apartments worth less than what they paid for

Discussion in 'Property Market Economics' started by Pete Arendt, 13th Oct, 2018.

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  1. Pete Arendt

    Pete Arendt Well-Known Member

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    30% of Sydney buyers are moving into new apartments worth less than what they paid for

    Anyone here still buying apartments?
     
    Pete Arendt, 13th Oct, 2018
    #1
  2. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Lots of peops.

    Humans still want somewhere to live

    On average the setts and Vals Im seeing in Sydney and Melbourne have vals ABOVE the purchase price from say 2 or more years ago........... small sample for sure.


    Vven in Brisbane, where the REAL data shows significant brakes coming on for the last 18 mths or so, peops are still buying to live

    ta

    rolf
     
    Rolf Latham, 13th Oct, 2018
    #2
  3. jazzsidana

    jazzsidana Well-Known Member

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    jazzsidana, 14th Oct, 2018
    #3