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RBA - 40% house price fall, page-58

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buc

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17/09/20

22:25

Post #: 47433256
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Originally posted by Uboy: ↑

Westpac have now doubled their growth projections from 2021 to 2023....Sydney projected to grow 14%.

"Pent up demand" and pre approvals are strong.

There are thousands of professional expats wanting to come home to OZ, on top of latent demand here in OZ.

Other big trend expectation next year: high wealth families from Hong Kong are lining up to secure their future (and wealth) in Australia or Canada.

Interesting times....we will not see the 35% drop punters are expecting.

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There are also hundreds of thousands that have alresdy left Australia and gone back home during the same period too and many more waiting for approval to leave, is my understanding.
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