what slowdown?, page-10

There may be slowdown as these levels of growth cannot be sustained but in my opinion i don't see prices moving backwards especially in inner and middle Sydney. Huge demand in the inner west and no shortage of cashed up professionals.

People are constantly quoting 10x income in relation to median house values but it is relative to location. Household income is what really matters not some median individual income. All the people i know in the inner west have household incomes well over 200k per annum so a $1.2m is 5-6x if not less.

Seems to me the bears would like to live in high demand inner city suburbs for the price of flat pack mcmansion 35km out of the cbd.

Good luck with that.