How sustainable is the market - PropertyObserver?

Discussion in 'Property Market Economics' started by New2prop, 25th Aug, 2017.

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  1. New2prop

    New2prop Well-Known Member

    Joined:
    26th Jul, 2016
    Posts:
    184
    Location:
    Sydney
    Affordable housing in Sydney and Melbourne declines in past 5 years

    Per the above, the chart for Sydney shows that there are red areas, costing more than $1Mn over 50kms from the CBD !! I know there a number of bulls on this forum, but I am a bear and looks like a cool down is the need of the hour to bring people to their senses !
     
    Tom Rivera likes this.

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