NSW The Signs of Sydney Slowdown....

Discussion in 'Where to Buy' started by sash, 29th Jun, 2015.

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  1. sash

    sash Well-Known Member

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    Please explaaiinnn......;):D:p

     
    sash, 9th Aug, 2015
    #101
  2. larrylarry

    larrylarry Well-Known Member

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    Which part Sash?
     
    larrylarry, 9th Aug, 2015
    #102
  3. See Change

    See Change Well-Known Member

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    I think he's asking about the implication you can tell an Asian who lives in Australia and is a resident from one who is from overseas and isn't , ought it's always possible I'm misunderstanding that comment .

    If that's what you think you can do , I'm also curious how you do it .

    Cliff
     
    See Change, 9th Aug, 2015
    #103
  4. sash

    sash Well-Known Member

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    Yep....can't tell even some with accented English are Australian citizens...most strive for citizenship here .....I live near Chatswood....



     
    sash, 9th Aug, 2015
    #104
  5. jaybean

    jaybean Well-Known Member

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    Outside the context of real estate it's easy to tell, but I don't think going into this is appropriate for this forum. Within the context of real estate the only way I can think of is perhaps if they cut into line while registering at an auction. Here and other first world countries like Hong Kong and Taiwan cutting into line is seen a a very rude gesture. In mainland China it's very much the norm. Go to Hong Kong Disney Land and you'll see what I mean. The locals stand out like a sore thumb against the mainlanders.
     
    jaybean, 9th Aug, 2015
    #105
  6. sash

    sash Well-Known Member

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    Unfortuantely yes.....just like it is easy to spot Russians and Mainlanders in Europe....

     
    sash, 9th Aug, 2015
    #106
  7. larrylarry

    larrylarry Well-Known Member

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    Oops hope nothing controversial here. I'm Asian and I can quite easily tell. The easiest way to know is talking to them and the accent and dressing give them away.

    And it's interesting to know that when my Asian friend attended an auction yesterday and when it passed in, the agent approached my friend directly (he didn't place any bid) to make an offer that match the Reserve price but my friend declined. My friend thought the agent went to him probably thinking he's willing to pay. No, my friend is born here and he knows the market.
     
    larrylarry, 9th Aug, 2015
    #107
  8. sash

    sash Well-Known Member

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    A lot happens in 6 weeks....since my first post on this thread...

    1. APRA has tighten the screws...I remember saying to people that the Sydney market will start cooling as investors have trouble getting large loans.

    2. As per last time...money is flowing from Sydney to Brissie

    3. Now....will the 2018-2019...I await....like restless great white who has not eaten for months....

    From what I reading ...Sydney is now cooling....the question is how quickly no when.....




     
    sash, 9th Aug, 2015
    #108
  9. beachgurl

    beachgurl Well-Known Member

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    You've made reference to being a shark in a few posts now Sash :) I can feel the air of anticipation from you.
     
    beachgurl, 9th Aug, 2015
    #109
  10. JDP1

    JDP1 Well-Known Member

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    Yea. I think the slowing in syd has started, but it's very gradual. I don't think there will be large and sudden falls, probably more of the slow and gradual Slowing. Its economy is still strong and that should prevent sharp falls.
     
    JDP1, 9th Aug, 2015
    #110
  11. larrylarry

    larrylarry Well-Known Member

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    One plus one with Harry triguboff aka high rise harry.
     

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    larrylarry, 9th Aug, 2015
    #111
  12. Samten

    Samten Well-Known Member

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    Yep @sash Sydney clearance rates down to 75% this weekend.
     
    Samten, 9th Aug, 2015
    #112
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  13. sash

    sash Well-Known Member

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    And....8/8 is supposed to be lucky for he Chinois.....
     
    sash, 9th Aug, 2015
    #113
  14. ej89

    ej89 Well-Known Member

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    Mainland or.....:)
     
    ej89, 9th Aug, 2015
    #114
  15. sash

    sash Well-Known Member

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    Just about all of them.....even the agents were quoting this...hilarious.....

     
    sash, 9th Aug, 2015
    #115
  16. Gockie

    Gockie Life is good ☺️ Premium Member

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    So funny. My current Airbnb guests are from HK and they complain about all the mainlanders in HK. Property prices have quadrupled in HK since 2003 (believe its due to all the mainlanders coming in) and my Airbnb guests tell me families live in spaces 28sqm and it costs millions for that priviledge.

    My guests tell me its too expensive to move into another apartment so they dont.
    Point is, Asians discriminate against other Asians like Aussies discriminate against other Aussies (ohhh... You're from Mt. Druitt?)
     
    Gockie, 9th Aug, 2015
    #116
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  17. Guest

    Guest Guest

    Sydney real estate agents say sell, "the sooner the better"

    http://www.afr.com/real-estate/resi...eign-property-buyers-a-favour-20150812-gix56v

     
    Guest, 13th Aug, 2015
    #117
    2FAST4U and Tekoz like this.
  18. petewargent

    petewargent Buyer's Agent

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    "selling agent Wayne Vaughan recommends selling"

    hit the bid! :)
     
    Last edited by a moderator: 10th Oct, 2021
    petewargent, 11th Sep, 2015
    #118
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  19. neK

    neK Well-Known Member

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    Agents are so predictable:

    Market rising:
    To sellers: sell now while market is hot
    To buyers: buy now before it gets too expensive

    Market falling:
    To sellers: sell now while you can
    To buyers: buy now while it's cheap

    Same old dung being flung around.
     
    neK, 11th Sep, 2015
    #119
    Jacque, marty998 and Eric Wu like this.
  20. neK

    neK Well-Known Member

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    Being asian I find it easy to spot a mainlander

    1. The wife has multiple brand name items (lv, Prada, etc). They are also overdressed compared to everyone else

    2. It's 25-30 degrees and they dress like its the middle of winter so they can off their brand name scarf and jacket

    3. They talk annoyingly loud in mandarin

    4. They hock and spit without a care in the world

    5. They only have 1 kid and that kid usually an absolute spoilt brat. You watch them run around and demolish everything and parents don't say a word

    6. They don't understand the concept of personal space
     
    neK, 11th Sep, 2015
    #120
    HappyCamper, Property Twins, 2FAST4U and 1 other person like this.
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