I guess I just don't know bm3, in real terms yes, ie will be losing against inflation at best for the foreseeable future.
My dad who is fixated on a price of yesteryear, will take a long time to accept a lower price but if things don't get better next year, then even he will start to accept that the glory days are gone and you must take what is going. It's just too painful having the liability around your neck for that long I suspect.
So maybe we will see Sydney slide backwards next year. Regardless, on average, the humble cash account should outperform the Sydney property market next year.
