which dude?To my knowledge, I don't think anyone had predicted GFC… only in retrospectiveHe or she would make zillions of dollars if can predict the GFC
Abu Dhabi, United Arab Emirates7.54Amsterdam, Netherlands6.24Bangkok, Thailand15.96Barcelona, Spain13.62Beijing, China22.29Chennai, India61.15Delhi, India19.57Dhaka, Bangladesh5.03Dubai, United Arab Emirates8.67Jakarta, Indonesia12.47Kuala Lumpur, Malaysia11.27London, United Kingdom14.73Madrid, Spain16.99Melbourne, Australia5.3Moscow,…[Read more]
fWord… you answer your own question…. conclusion.. still CHEAPIE property in Sydney and Melb But180k… yes HDB housing… crampy small same as housing department in Aussie (But you can stay for free in Aussie)
DWolfe.. I bought ONLY ONE in SYDNEY this year..,not the cheapie in the small rural town though To be honest… I don't think property in Sydney is cheap if you compare historical price. But with international peers, it is still reasonable.No doubt that I am also afraid of housing buble.. but what to do with $$$ sitting in the banks. Give it to c…[Read more]
I STILL don't get it how they measure the property price based on the average annual income of 4x.It is damn cheap median price if ONLY 4-5x of average annual income.Let's compare the median property price in SINGAPORE/ HONGKONG/ KUALA LUMPUR/CHINA etc… their median price is 10x more than average annual income. The property with land in…[Read more]
AFTER a year of surging prices, the pace of growth is finally easing, with the country's median house price rising 3 per cent in the March quarter — down from nearly 5 per cent growth in the previous three months.I still don't get this statement. The property price is still growing at 3% albeit small amount… and they call this as…[Read more]
Watsonc, I can tell you that across the sydney greater area, people are renting out the granny flat whether has been approved or not. Have you been to eastern suburb near UNSW? There are places where 3-4 people sharing 1 bedroom unit. I guess that 1 granny flat for single person is VERY reasonable.Christianb, I agree with you, but even with NSW…[Read more]
Nope, it is based on how long the property has been on the market… I think?Snoppy, why not you use shahabr's link to give u a perspective of valuation.. of course you can always ask for free Residex report from Richard, etc links to free resources such as property history reports, calculators, vacancy rates,…[Read more]