So many missed opportunities. Why didnt you discuss areas of sydney which are affordable? If people are more willing to move out west? the growth of areas around the new airport? will standalone houses under 1m be extinct? which areas would you not recomend buying in? Who is buying investment properties in sydney? so many questions about sydney, disapointing podcast. this could have been 3 hours long
@@leshartas1 Well the traditional way of evaluating House prices is as a multiple of average annual earnings. Historically the range for house prices has been somewhere in the region of 3x to 6x annual income. But Sydney house prices are now its well over that at about 14x annual earnings. If you don't define that extremely imbalanced ratio as a bubble - you the uneducated one.
@@arthurlongshanksit wont be a bubble as the wealth gap continues to increase and those that cant afford, leave. Happy to be proven wrong but Sydney will continue to have it's median climb forever (maybe just at a slower rate than the past couple of years)
@@leshartas1I had similar conversations with some Japanese business associates in the 80s and more recently Chinese - and it turns out they were the uneducated ones so don’t be so sure of yourself
Please put the graphs on screen. We couldn’t see them.
Great episode !!!👏
So many missed opportunities. Why didnt you discuss areas of sydney which are affordable? If people are more willing to move out west? the growth of areas around the new airport? will standalone houses under 1m be extinct? which areas would you not recomend buying in? Who is buying investment properties in sydney? so many questions about sydney, disapointing podcast. this could have been 3 hours long
No graphs shown here, so hard to follow the discussion
$1.6m its cheap in Sydney, hurry up says the clever advisor 😅
All bubbles eventually burst. We're living through the blow-off top phase of the Sydney property bubble right now. Next stop? 1990s Japan style BUST.
Bubble 😂😂😂
Only the uneducated or those that can’t afford believe we are in a bubble
@@leshartas1 Well the traditional way of evaluating House prices is as a multiple of average annual earnings. Historically the range for house prices has been somewhere in the region of 3x to 6x annual income. But Sydney house prices are now its well over that at about 14x annual earnings. If you don't define that extremely imbalanced ratio as a bubble - you the uneducated one.
@@arthurlongshanksit wont be a bubble as the wealth gap continues to increase and those that cant afford, leave. Happy to be proven wrong but Sydney will continue to have it's median climb forever (maybe just at a slower rate than the past couple of years)
@@leshartas1I had similar conversations with some Japanese business associates in the 80s and more recently Chinese - and it turns out they were the uneducated ones so don’t be so sure of yourself