Is Sydney full??

I didn't think you were taking it that personally

I'd suggest people have a look at how many likes I receive on this thread and others...

My view is Sydney should NOT try and be like Singapore and HK..

Apologies if this is controversial, they are not bad cities but there are better out there!

 

Where do you constantly get your data? I don't own in Liverpool. Although yes in the area it's not my first. But it better suits your argument?
My first Ips I bought two with my wife were in 2008

We are on a public forum with many having investments in Sydney. If you don't your loss.

So if you don't get your ill-informed attack on Sydney and misguided opinion **** people off is an issue.

You consistently select negative data.thread after thread of negative comments. It could all be in 1 thread.

If you don't understand that people have real money in Sydneys market and some idiot on a forum day after day after day after Explaining what idiots they are That Sydney will crash.

So I asked you about your portfolio?
Since you are ****ing rocket scientist.

I want to know your track record. Tell us where you own how long for?

But you want answer this.

You selectively do not answer questions.


You will paste another graph or article written by some excuse of a reporter.

Your facts like Randwick loosing 4%+ were full of BS. I posted two links one of them from RP data to call you..

So much **** from you. It makes me want to join another forum.

How do you not see you are ******* soo many people off like no other member you are a Troll and because of you people will leave the forum!

 

1) take a deep breath, it's just data showing Sydney prices declining.

2) didn't you join this forum last week explicitly because you wanted to respond to me??

3) therefore I actually caused you to join?

Again, welcome aboard and I look forward to any constructive input!

 

No. People might leave this forum because of your cranky abuse directed at the messenger not the message. Downtown might specialise in bringing bad news but he always does it in a civil and informative fashion, and against the squillions of bullish and spruikerist threads on here his are only a small corrective. Why do you get so worked up about it?
(The above is obviously meant for the elusive dreamer).

 

True I would not be here if it wasn't for you.

We have our first agreement

 

Because a lot of the data is inflated or simply not true. I have in a civil manner replied to previous threads asking to confirm sources and showing that the information provided is not correct. I pasted links to sites like RP data showing numbers are BS.

So some one who is spreading negative Information in an asset class I own makes me angry.

If I posted misleading/ confirmation bias information on a Highly regarded forum about certain stocks day after day. I would expect mods to ask why?

Look at the property economics heading and how many threads are started by Downtown. Than look at the amount thread click bait titles "Clearance rates hit50%"

My question is why? Why not other city? Why such a negative agenda?

Why no positive threads? Why no threads assisting on strategy?

This questions are asked many times by other members but read threads. The question are avoided as if they didn't exist.

Downtown is highly intelligent human being I can see it in the quality of his replies.

But in my training in sales over 20 years. I can see what I believe to be an agenda.

 

Ps I want apologies my original response was rude and I crossed the line so @Downtown I'm sorry it was not my intention.

I will no longer reply because I get too worked up.
Best of luck

 

U trolling me now
Nah I do not own in either city not have any links out in either city why would I care ?

Mate if u want to win the voice or Australia idol u can sign up and get miss Pauline commie on board hahaha to do the backup act

You can also give a view whatever u want but have you watched me myself and Irene.

 

This is more than just presenting facts. I have suspected for a while that this Downtownblock is some kind of political stoog from an anti investor party, getup? Could be...

I have no problem with people presenting facts, or making predictions, yes the facts are that Sydney has come off somewhat but this guy posts the same stuff in a few different threads over and over.
, bumps his own threads with his agenda over and over.

Do we really need this here? If this was a bike forum and someone kept telling us how statistically we're more likely to die on a bike than in a car and kept posting about this over and over would we put up with it? This a a property forum, we're pro property. Deal with it.

 

If your a Hipster and had enough of Sydney, Adelaide wants you!

No Cookies | The Advertiser

“The State Government is already advertising interstate,” Mr Weatherill said.

“The idea of targeting a particular cohort of people interstate is a good one.

 

Well i'm just a newbie and It's pretty annoying and hard to follow with the multiple threads and most of them are just biased news articles that support the articles author or publishers agenda, Its pretty easy to find articles to suit your views and they always stand out. Revealed: How many new homes are really being snapped up by foreign buyers wow look Chinese money is set to increase and there are some graphs in there so it must be legit It's about to boom again lol. Point is does every article need a new thread for minor variations of the same theme. You also have a thread about interest rates rising and all I am seeing is rates dropping for owner occupiers, you can lock in for 5 years at around 4% as a OO so it's not like the banks agree things are going to take off in the short term and there are intro variable rates under 3.5%. I agree that it is not what it was and some ares have overshot e.g. Kellyville area but sorry it's not going to crash 20-30% unless multiple triggers are hit which is still looking more unlikely than likely at the moment.

 

Im actually wondering if the some of the recent lower numbers are due to the recent rise in FHB? High volumes at lower prices affecting medians?

"Driven by incentives, the number of first homebuyer commitments surged to the highest level in 92 months, since the stimulus of 2009. "

"The first homebuyer resurgence has mainly been led to by New South Wales and Victoria, although first-timers are also threatening to hit multi-year highs in Queensland. "

Pete Wargent Daily Blog: Record high for housing finance

 

I can see you guys are frustrated and i certainly dont want to add to that. I agree that having this debate sprawled across multiple threads is far from constructive.

My personal opinion/guess on Sydney is some extended time of stagnation. I believe it would be a very healthy market outcome for prices to consolidate at this point. My opinion doesnt mean a hell of alot as i dont have a dog in this fight, and is probaly as accurate as my guess for next weeks powerball. I have been following the Sydney threads with interest as this market is so large it is impacting economic/finance policy for the rest of the country.

But i also think Downtowns point of view is as valid as any other. Yes this is a pro property forum but that doesnt mean someone cant make the argument for decline or go short on a specific sub market. It certainly does happen on equity forums and within the general equity community in a far more aggressive manner than what is debated here. It is also far more accepted within equitiy markets to hold a short view on a specific equity or market and beat it down publicly in a verbal manner and also physically. i.e George Sorros vs bank of England and the shorting of the pound. And sure if you think the info is biased or flat out incorect make a constructive counter argument. Your not likely to convince/sway the opposing party, but there are many others following that will learn and benefit from your point of view.

Yes Downtown probably does have an agenda to see prices decline, maybe he is hoping for a lower buy in price, but this point of view is no different to going long on a particular market/suburb and talking it up for your own self interest.

At the end of the day this opposing view is what makes a market and an intresting forum.

 

Apology accepted o

 

Not a bad thought... I guess we'll see if it washes out in coming months.

 

Wow it's flattering to see i have captured the imagination of so many on here...

Now just take a breath and put down the conspiracy theories BIZ because your mind is about to be blown....

I despise anti-investor sentiment. I sincerely think property is one of the best ways to accumulate wealth for ordinary Australians and I am actively invested.

However I can't in good conscience advise anything other than the below.

Sydney is done (expect price declines for 5+ yrs)

Mark my words.

You're welcome.

Apologies, again, if this opinion and data I have presented makes you uncomfortable but honestly if you think the data is lying and I am being silly go buy in Sydney, plenty of stock coming onto the market

 

If people who were so offended spent time providing data or information that supported bullish case for Sydney it would be a lot more fun than wishful thinking that sensible (and well reasoned) analysis was the result of some agenda or conspiracy theory against Sydney

Someone pls tell me where the growth will come from on either the credit or physical demand side thaf hasn't already been exhausted or limited recently.

 

I've been saying the same:

I don't see a reason though to spam the forum over and over again with this. Why? Cause I'm not pushing an agenda... I'm not bullish on Sydney at all but it's not the dooms day scenario you keep trying to push either.

Anyway, I'll keep using the road for my benefit to get ahead. You can use it if you feel it's worth it too, if not just keep doing what your doing. Enjoy the ride.

 

I thought the thread was about whether Sydney is full? Is it? No more room at the inn?

I don't believe so... I believe it will just continue to get more congested, like any truly big , sprawling city does. It has geographical challenges that no other Australian city of its size ( Melbourne ) has ... and thats why its real estate is dearer than Melbourne's. But it has better weather and for whatever reason or reasons, it is still considered a truly great lifestyle city , so until /if that changes , it will continue to attract large amounts of immigration and not suffer large amounts of migration.

Sydney has plenty of room if you get serious. And it could spread towards Goulburn without hitting waterways or mountains. What it doesnt have is plenty of infrastructure planning or forethought. Thats why people think its fuller than it really is.

Jakarta , Tokyo, Mumbai...those are full cities. 25-30 Million each.

 

whatever.... one minute you say you agree after freaking out about Sydney prices declining and calling it doomsday.

Relax.. you do you