HI Everyone
I am returning to Australia shortly and want to live in Sydney.
I see on one hand a booming property market with negative gearing, capital gains rebate, low interest rates
High economic imergration and high imergration numbers overall and a shortage of housing. On the other hand
I see increased household debt, low to no wage growth, higher unemployment, threat of fed rate hikes, threat of
Lower cooperate tax in US, and a bunch of pollies you wouldn't feed!
Should I 1. Rent and wait. 2. Buy modestly and wait with the rest of the cash 3. Just bugger it and buy What I want
And have less cash later and get a part pension
IMO
Thanks for advice
Cheers
