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Old 01-07-2022, 09:41 AM   #2033
Citroënbender
DIY Tragic
 
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Join Date: Apr 2018
Location: Sydney, more than not. I hate it.
Posts: 20,899
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Default Re: Australia housing bubble

After observing a general lack of deep commitment (retail structures, civil works, infrastructure upgrades) barely 150km out of greater Sydney I believe the “moving to the regions” thing was just a faddish phase of grown-ups playing cubbyhouses. “Land for sale” is really only indicative of speculation, and you can still see a good bit of that.

So I do expect Sydney house prices to rebound, once people admit it’s often a charade to move away.
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