Why Are Sydney House Prices Rising AGAIN? (Official Statistics)

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  • Опубліковано 27 січ 2025

КОМЕНТАРІ • 21

  • @raycorc
    @raycorc  Рік тому +1

    Where do you think Sydney house prices will go from here?

  • @ryangolla
    @ryangolla Рік тому +1

    Great video Ray! Property is a long-term game. No matter what, it will go up. I say buy when you can and hold it for as long as you can.

    • @raycorc
      @raycorc  Рік тому +1

      Thanks for watching Ryan, yep I think if you do your research and buy well it's hard to go wrong if you hold long enough. I'm sure there will be a little short term turbulence!

  • @scottodonnell5871
    @scottodonnell5871 Рік тому +1

    Depends on employment. The RBA will keep going until something breaks. It will then however bounce back due to supply and demand.

    • @raycorc
      @raycorc  Рік тому

      Yeah I can see the rba raising rates a few more times then firing Philip Lowe and then pulling them back after economy starts to hurt

  • @raycorc
    @raycorc  Рік тому +1

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  • @robannat9627
    @robannat9627 Рік тому +1

    Definitely think it is supply and demand like during covid, but I wonder if people down sizing could be an issue too pushing up medium size properties?

    • @raycorc
      @raycorc  Рік тому +1

      Could be, 1-2m range is pretty competitive
      Wouldn’t want to be buying right now, would do my head in

  • @JJ-mc8lu
    @JJ-mc8lu Рік тому +1

    Property prices are rising sharply and are expected to be up 10% in 2024. Buy now before it's to late.

    • @raycorc
      @raycorc  Рік тому

      i'm happy I bought a year ago, even factoring in the rate rises

  • @JJ-mc8lu
    @JJ-mc8lu Рік тому +1

    Prices are rising sharply and are tipped to rise 10% by 2024. But now to secure your families future so you don't miss out. I have!

    • @raycorc
      @raycorc  Рік тому

      Definitely going to be tough getting in the market in the short term

  • @prancer4743
    @prancer4743 Рік тому

    There are so many people in massive mortgage pain and with fixed loans coming out this year it’s a big stress it’s 16 times earnings to loan book highest ever 😉🤔😱😳👀😮

    • @raycorc
      @raycorc  Рік тому

      gonna be tough for many people for sure

  • @philmelb1022
    @philmelb1022 Рік тому +1

    Because there are some stupid people paying high price for them.

    • @raycorc
      @raycorc  Рік тому

      ha, no shortage of them!

  • @GhanYt
    @GhanYt Рік тому +228

    It surprises me why everybody gets really worked up about inflation and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The sto_ck market return, for example, always beats inflation. I heard of someone who invested $ 121k last October, and has grown the port_folio by more than $400k. I need recom_mendations that can give me similar return.

    • @bahijarhafiri
      @bahijarhafiri Рік тому

      True. I first came across inves-ting in the market in 2019. Already stashed about $80k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an ad-visor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best invest-ment decision I've made since

    • @bahijarhafiri
      @bahijarhafiri Рік тому

      My advisor is ROCH DUNGCA-SCHREIBER she’s highly qualified and experienced in the finan-cial market. She has extensive knowledge of por_tfolio dive_rsity and is considered an expert in the field. I recommend researching her crede_ntials further. She has many years of experience and is a valuable resource for anyone looking to navigate the finan=cial market

  • @holycow3355
    @holycow3355 Рік тому

    SIMPLE : 1000s & 1000s foreigners (thx albanlazy) need somewhere to live !!!!! NO REPLY READ.