You should see the rental market in inner Sydney - I'm thinking about moving and went to look at a 2 brm apartment in Wollstonecraft on Saturday and there would have been at least 40 groups of people going through it whilst I was there. You could hardly move it was so crowded.
Meanwhile I was the only one who went through a one bedder that was for sale in Wollstonecraft on its first open for inspection.
Any falls in prices will not be across the board. If rentals start to skyrocket on the lower north shore in Sydney, eventually those renters will decide to buy which will lead to greater demand for buying property.
