Where is the next Sydney ? Margaret Lomas

Discussion in 'Where to Buy' started by See Change, 14th Oct, 2015.

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  1. See Change

    See Change Well-Known Member

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    See Change, 14th Oct, 2015
    #1
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  2. Rich2011

    Rich2011 Well-Known Member

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    No mention of the next Sydney in the interview..... just the usual 'growth drivers'....... false advertising that headline!
     
    Rich2011, 14th Oct, 2015
    #2
  3. mini2

    mini2 Well-Known Member

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    Well it made you come in and have a look :p
     
    mini2, 14th Oct, 2015
    #3
  4. See Change

    See Change Well-Known Member

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    hehe :p

    You have to go to the talk to get the answer.. Or wait for someone to post the answer . They always do .

    The head line asks the question . It doesn't promise the answer .....

    Cliff
     
    See Change, 14th Oct, 2015
    #4
  5. larrylarry

    larrylarry Well-Known Member

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    Thanks cliff. Just got 2 free tickets. I'm sure there's something I will learn there.
     
    larrylarry, 14th Oct, 2015
    #5
  6. House

    House Well-Known Member

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    Indeed misleading. But more free tix for the expo.

    Can't stand the way she usually responds to most interview questions by beginning with the word 'look'. JSS does the same too. Gets my goat!
     
    House, 14th Oct, 2015
    #6
  7. Sunny Bill

    Sunny Bill Active Member

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    She has been predicting Adelaide for the last 5 years. But I reckon she will be backing Brisbane as the new Sydney.
     
    Sunny Bill, 14th Oct, 2015
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  8. Frazz

    Frazz Well-Known Member

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    Thanks Cliff!
     
    Frazz, 14th Oct, 2015
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  9. devank

    devank Well-Known Member

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    " Keeping in mind that between 2003 and 2010, when every other capital city doubled in value, Sydney only went up by 17%. In some respects, the recent boom has been a little bit of a catch up, first of all, and then it overshot the mark.

    If you look back over in history, it’s not unusual for this to happen to big centers like Sydney, and what will happen now is that there will be a decided flattening. It’s just gotten too overheated. It’s gotten out of the range of most people or the average homebuyer, and so we have no other way to go than flat from here. "

    She is making more sense than few on PC :D
     
    devank, 14th Oct, 2015
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  10. datto

    datto Well-Known Member

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    Look, I think Marg has made some good points but to be perfectly honest if you went back three years, put a map of Sydney on the wall, threw a dart and invested in whatever suburb the dart hit you'd still make a killing.

    You can't say the same for other places. A map of Tasmania, for example, wouldn't have the same result.

    I also think Marg is trying to feather her own nest. You don't really need to attend seminars to learn about property investing as there are plenty of tools freely available on the net.
     
    datto, 14th Oct, 2015
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  11. See Change

    See Change Well-Known Member

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    Too true .....:cool::D Too true :rolleyes:

    Cliff
     
    See Change, 15th Oct, 2015
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  12. Inov8ive

    Inov8ive Well-Known Member

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    Brisbane without doubt.
    [​IMG]
     
    Inov8ive, 15th Oct, 2015
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  13. Travelbug

    Travelbug Well-Known Member

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    Her talks are OK. I went to one years ago and then went again a few years later. It was WORD FOR WORD the same. Bit boring. I went shopping for the middle section then went back in the afternoon to hear the groundbreaking predictions (NOT!).
    When they rang to ask my thoughts on the course I told them that it was EXACTLY the same as years before. They weren't impressed.
     
    Travelbug, 15th Oct, 2015
    #13
  14. MGF

    MGF Well-Known Member

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    Plenty of Sydney investors called that "due diligence". ;)
     
    MGF, 15th Oct, 2015
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  15. See Change

    See Change Well-Known Member

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    And I suppose in a few years time you'll be making the same comments about people who bought in Brisbane around this time .

    It's easy to make snide comments like that , but the reality is that many people on the forum bought in Sydney in the period before or as Sydney was taking off .

    Prior to the recent boom our last Sydney purchase was in 2001 , then we had a gap of 8 years and over the next four years bought five properties until mid 2013

    I suppose you'd call that luck .:rolleyes:

    Cliff
     
    See Change, 15th Oct, 2015
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  16. MGF

    MGF Well-Known Member

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    It was a joke. Lighten up.
     
    MGF, 15th Oct, 2015
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  17. samiam

    samiam Well-Known Member

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    samiam, 15th Oct, 2015
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  18. See Change

    See Change Well-Known Member

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    My apologies l didn't realise you had a sense of humor .

    Cliff
     
    Last edited: 15th Oct, 2015
    See Change, 15th Oct, 2015
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  19. See Change

    See Change Well-Known Member

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    Don't know . Unlikely to be soon , though I might have a sticky beak to see if there are any nice appartments up for grabs if the OTP market becomes a blood bath .

    I'd be happy to pick up a bargain in Barangaroo Maybe one of those mill dollar one bedders for 500 , though with a position like that I'd be surprised if that happened . There were some very sharp deals in Pyrmont in the last slump .

    Otherwise it will be when the next down turn hits .

    When we stopped in 2001 , I didn't know the GFC was going to hit in 2009 , but when it hit , I knew that was the time to buy.

    Cliff
     
    See Change, 15th Oct, 2015
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  20. samiam

    samiam Well-Known Member

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    Thanks @See Change. We missed out on Syd, only got ppor there (small unit) now ip. We were so ordinary, so naive and not looking around anyway but working day in and out, thought salary is more than enough to pay off ppor mortgage:confused:.
    Only now just started learning through forum, yet to get out of analysis paralysis, but buying ppor soon, then hopefully a couple of ips. :rolleyes:
     
    samiam, 15th Oct, 2015
    #20
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