So you think Sydney has had a boom ?

We have vision that doesnt seen far beyond the horizon.

Many in Sydney and other capital have never seen rises like recent demand. Except perhaps those who remember the late 80s. When you compare other countries and cities its actually not quite so remarkable

https://www.globalpropertyguide.com/home-price-trends

Other than currency rates, ability to acess finance offshore and languages and local laws perhaps some foreign property is a strategy. Mumbai, Estonia or Turkey ?

 

Clicking on the link to one of the countries you mentioned (Estonia):

https://www.globalpropertyguide.com/home-price-trends/Estonia

In 2007 price was 117€/m2. In 2009 price had fallen to 58€/m2. It took until 2017 to get back to 120€/m2. Now it is 148€/m2. Timing in this market is important!

These comparisons also ignore what has happened to the average m2. I know Tallinn quite well, having visited on many occasions. Years ago the average housing was a soviet era concrete block with shared laundry and bathroom. Now the average is so much better due to the huge amount of new builds and renovation. Also the currency has changed from rubles to kroons (pegged to the deutschmark), kroons (pegged to the euro), then the euro itself.

But yes there are opportunities to make (and loose) money on property elsewhere!

 

Mumbai and other satellite cities number of booking/sale is increasing but prices remain steady.

 

this post is kind f like saying "you think AMZN has boomed ? look at the increase these penny stocks have done! ".

sure some markets have steeper increases, but there a lot more volatile.

 

Australia, Sydney has grown 4% in 1 year and 40% in 10 years? No

 

The data in that link is BS.

 

Not sure about the exact numbers but it's true much of south EU has been decreaseing for 30 yrs.

Wouldn't that just artificially bring up the value making the same property worth even less than those numbers.