Quote:
Originally Posted by MrBaldBastard
Nobody? sorry that's nobodies anyone with an iq over 40 and money in the bank can see this gravy train hasn't even started. The NSW's Government just ensured that by announcing they are spending billions of new infrastructure projects. And interest rate hike will hurt and hit, but it wont calm the Sydney market unless your out west. Sydney has its own natural market as westies move towards city and beaches. We don't have enough houses for projected growth, large chunk of the building industry's about to be tied up with Government projects. Every second retiree in the state is dumping the house for two apartments.... prices are going UP!
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We'll have to beg to differ on that one. Ever thought why the retirees are dumping? When people think the market can only go up... well, anyone with an iq over 40 knows what happens next...