We discuss a recent Real Estate Conversation article which claimed buying in Sydney was the best in 10 years! Can that be true?
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We discuss a recent Real Estate Conversation article which claimed buying in Sydney was the best in 10 years! Can that be true?
You must be logged in to post a comment.
Martin, you are as usual absolutely correct. The article written by Rodney McLaughlan is skewed and fudged and wishful thinking, because he is a buyers agent. Or to put it bluntly a lie, to get people to buy now. Personally I will be buying a few propertys when the market bottoms out, probably sometime in 2020. Hope it goes like Las Vegas in 2009 where houses over 18 months went from $350,000 to $120,000. A friend of mine bought 8 houses there for only $960,000 in 2009. He was a tow truck driver now he’s a retired millionaire multi property owner. Hope it goes like this in Oz, who knows it might, fingers crossed.