housing prices, page-17

  1. 11,875 Posts.
    cha you were pretty selective with your copy and paste there


    "While Sydney prices are strong, it may not make the same gains as other cities with stronger projected population numbers.

    Perth is expected to make strongest gains over the decade with the median house price tipped to jump 12.3 per cent, followed by Brisbane (11.6 per cent) and Melbourne (10 per cent)."

    so Perth was gaining 12.3% in a decade and Sydney less and the headline was "Sydney property prices set to double"

    the headline was just an attention grabber, seems to have got yours and you didn't read the fine print and analyse the information. But the prediction was for price gains to be less than the cost of holding property as an investment and paying the massive associated transaction costs

    what they are predicting is you will lose money on property investment over the next ten years.


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