It's getting scary out there., page-66

I bought my place in Sydney in 2020 right on the Covid induced low (a rare example of getting my timing right). It’s probably increased in value by 30-40% since then. Will be interesting to see if prices go back to 2020 levels or drop even further. I’m not bothered if the prices fall as they are meaningless when it’s your home and not an investment. Lower prices would generally be good as too many Australians are being priced out of the market.