"...While rents continue to rise across Sydney as a whole..."
So perhaps the title of the article should have read
"Good news for renters in sought-after suburbs, bad news for everybody else"
Patient property investors are going to make a killing.
Unemployment may rise going forward, and house prices may subsequently fall (though in my opinion not much, if at all), but all that means is that the smart property investor will purchase an investment cheaply, and will receive rental income that is bound to track upwards over time as people forced to sell put more pressure on the rental market.
I would like to personally thank in advance Mr Keen and his disciples for paying for my comfortable retirement in the future.
