Commodity bust will continue to weigh on economy and property, page-6

  1. 35,472 Posts.
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    "Off to the races again this year."

    I know it sounds good, but imo, this is not the time to be off booming again in Sydney and Melbourne.
    SYD as per article seeing some 20%+ flipping over 12 months is unsustainable.

    Perth and Darwin will most likely continue through a flat period and that's healthy.
    Adelaide I don't know well but Brisbane SEQ is continuing to strengthen as predicted on back of Southern states and higher yields, with a strong +1.88% last quarter on RP data index.

    I think it would be better long term if the 2 major cities had a good 2-3 year breather and go back to inflation only for say 5 minimum.
    Last edited by Sector: 30/01/15
 
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