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Downside of the NSW boom

Discussion in 'Real Estate' started by Jacque, 4th Oct, 2006.

  1. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    SMH today:

    How the housing bust went west - Opinion - smh.com.au

    Along with decreasing building approvals, unemployment rates in Sydney's west on the increase and increasing living costs (petrol, higher interest rates) it appears that the downturn is well and truly here; according to this writer from the SMH, at least.