I believe that the Sydney housing market bubble will burst in the middle of this year.
How can I make the most money out of this?
I believe that the Sydney housing market bubble will burst in the middle of this year
Kevin Cruz
Jordan Moore
I actually also see a pretty big bubble where I live.
Carson Stewart
You don't buy a house
>/thread
Samuel Cooper
Waiting for Brisbane's slump to save a bit of money... well... more like pay for a house closer to what it's actually worth rather than over pay in such an inflated market... Hopefully Australia as a whole this year drops this bullshit housing bubble.
Jose Jenkins
when you say burst, do you mean the rate of growth will slow by 5%? or do you mean that the average price of houses will drop by 50% overall?
Asher Gomez
No, I mean when it happens. How do I take advantage of it?
I see a similar situation to the US in 2007/8 happening here.
Zachary Murphy
Short REITS
Bentley Jackson
Median house price in Sydney was $1.1M last year. Maybe not 50% - but significant drop.
William Bell
Once we tell the Chinese and other foreign investors to get fucked, I don't see how the demand will be there. Most people are not going to stomach paying over 1M for a small terrace house in Redfern ffs.
Camden Murphy
im waiting for the pop so I can buy a house in the eastern suburbs
>t. paddo