NSW Sydney Price Correction 2019 - post examples

Discussion in 'Property Analysis' started by Charch, 1st Jan, 2019.

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  1. Alex123711

    Alex123711 Well-Known Member

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    In regards to the previously mentioned smoke stacks, is there a map or something that shows the locations of these?
     
    Alex123711, 8th Jul, 2019
    #701
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  2. Illusivedreams

    Illusivedreams Well-Known Member

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    Should it not change borrowing capacity? i feel it should and will.

    My understanding is the new buffer for serviceability set by APRA instead of flat 7% is now 2.5% above current rate.

    Would this not increase borrowing capacity?
     
    Illusivedreams, 8th Jul, 2019
    #702
  3. dabbler

    dabbler Well-Known Member

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    Ask your lender or broker how it effects you....
     
    dabbler, 8th Jul, 2019
    #703
  4. 2FAST4U

    2FAST4U Well-Known Member

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    2FAST4U, 7th Aug, 2019
    #704
    Esh, Redom, Whitecat and 1 other person like this.
  5. dabbler

    dabbler Well-Known Member

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    You cant ever lose in Syd RE market.....just remember that....
     
    dabbler, 7th Aug, 2019
    #705
  6. dragon

    dragon Well-Known Member

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    dragon, 8th Aug, 2019
    #706
  7. Oliver Shane

    Oliver Shane Well-Known Member

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    Oliver Shane, 8th Aug, 2019
    #707
  8. Mr Burns

    Mr Burns Well-Known Member

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    Thats a massive loss. If they waited 2 months, they could have saved themselves 100k.

    Also it's a good reason to start looking around for these bargains before the market moves higher.
     
    Mr Burns, 8th Aug, 2019
    #708
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  9. There

    There Well-Known Member

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    There, 10th Aug, 2019
    #709
  10. Kid hustlr

    Kid hustlr Well-Known Member

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    Kid hustlr, 10th Aug, 2019
    #710
  11. sash

    sash Well-Known Member

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    Yes....De nial....the longest river indeed...

    Lets get the facts correct...sure some places are selling over what they were earlier in the year...but by in large not much price growth in Sydney....there is a floor but no major change ...
     
    sash, 11th Aug, 2019
    #711
  12. Whitecat

    Whitecat Well-Known Member

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    Whitecat, 11th Aug, 2019
    #712
  13. D&J

    D&J Well-Known Member

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    I don't think much at all
     
    D&J, 11th Aug, 2019
    #713
  14. Someguy

    Someguy Well-Known Member

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    Not much at all at Brighton-Le-Sands, would be more noise from hoons with noisy exhausts and booming stereos
     
    Someguy, 11th Aug, 2019
    #714
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  15. dabbler

    dabbler Well-Known Member

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    If your good with a grappling hook, you may get some free flights ?
     
    dabbler, 11th Aug, 2019
    #715
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  16. dabbler

    dabbler Well-Known Member

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    Your such a bear Sash....lol

    I don't care about Syd at all ATM myself, I think we har far more falls too come in the future, the economy is eff ed, cutting rates is not a good thing.

    I think we are moving closer to the time where having things paid off, rather than leveraging to buy more is really here, cause where is this all heading, wages are dead, I myself earn a lot less than many many years ago, sure trades are doing ok while housing boomed, gee, are they going to have to learn to adjust :)

    There is no clear signals to be back into a market like Syd yet, it just takes too long to get in and then out again to be playing around now with such poor returns....
     
    dabbler, 11th Aug, 2019
    #716
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  17. Oliver Shane

    Oliver Shane Well-Known Member

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    Yep there will be plenty of warning before the next lift in prices...

    We’ve had a 14% increase in borrowing capacity, interest rates going down, and govt cancel anti-property regulation and RE Agents are still having to fudge the clearance numbers to try and make it appear like prices have stopped fallinf
     
    Oliver Shane, 11th Aug, 2019
    #717
  18. sash

    sash Well-Known Member

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    Yep dhat is moi...for the moment..though by star sign I am a bull. ;)
     
    sash, 12th Aug, 2019
    #718
  19. 2FAST4U

    2FAST4U Well-Known Member

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    2FAST4U, 18th Aug, 2019
    #719
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  20. noviceInvestor1

    noviceInvestor1 Well-Known Member

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    Is it too early to revive this thread? Or maybe create a new one 'Sydney Corona Price Correction 2020 - Post Examples'?
     
    noviceInvestor1, 17th Mar, 2020
    #720
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