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Interest grows as values fall

Discussion in 'Real Estate' started by Jacque, 18th Feb, 2006.

  1. Jacque

    Jacque Team InvestEd

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  2. Tropo

    Tropo Well-Known Member

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    Jacque....
    AT LAST !!!!.
    Please correct me....but do you think that Sydney is the ONLY place in Australia ??.
    :confused: :confused:
     
  3. Jacque

    Jacque Team InvestEd

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    Well, I sure hope not, or else what a boring place Oz would be :)
    Naturally, I concentrate on my own state and city- not my fault if it's been in the headlines a lot lately ;)
    Despite its faults, I still love Sydney and consider it a wonderful place to live. Lots may disagree, but that's perfectly ok too!
     
  4. jscott

    jscott Well-Known Member

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    "Sydney".... Where's that??? Over here in Perth can't say we here too much about Sydney.
     
  5. Glebe

    Glebe Well-Known Member

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    5% in a year for Sydney when prices rose 20+% for quite a few years is no big deal. I still see that as a soft landing. If the landing was harder I would have bought but unfortunately the yields still don't justify the prices. Maybe in another 12 months...
     
  6. Sean

    Sean Member

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    Agree. Who knows if we have actually touched down yet?

    How will this news impact the decision on interest rate movements? I see it as a reason to keep them stable but I have heard reports that a rise is in the wind.