All Topics / Help Needed! / New way of thinking….

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  • Profile photo of BrokotaBrokota
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    @brokota
    Join Date: 2012
    Post Count: 15

    Hello All,

    I have been reading both on here and in emails etc that predicting properties will double in price every 10 years is yesterdays thinking.

    Is this a new train of thought or has it been around for a while..?

    I understand that different states and regions have their own property cycles etc and we all know that Sydney and Melbourne has done quiet well in the past couple of years, but is this not the cycle returning to the top for both of these cities..?

    Is Brisbane/SE Queensland next for the growth Melb and Sydney have enjoyed..? History would say so.

    Is this new thinking due to overseas economies, slow down in China..?

    At home population is growing, interest rates are LOW LOW, and some say are going to get even lower.

    If this is so called yesterday’s thinking, what is TODAY’s thinking..?

    Would love to hear your opinions

    Cheers

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