Housing market facing 'bloodbath' collapse: economists, page-33

  1. 37,566 Posts.
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    Property has always been about location, market and timing.

    Sydney for example is looking down the barrel at a decade or more of unprecedented infrastructure build.

    North Coast NSW from Port Macquarie to Ballina will be powering ahead for the next 6-8 years with Pacific Highway upgrades.

    Skilled technical and trades staff are relocating to these regions from WA, Qld and elsewhere.

    They are not all going to live in demoutables, cabins and tents. A majority will rent and some will buy.

    As an under-current, I also suspect Sydney is morphing to higher rent, lower ownership model.

    Dex
    Last edited by poyndexter: 22/06/15
 
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