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Sitnok-Australia

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18.01.2022 Useful graph - depicts property price corrections in Australia since 1998 2002/2003, 2008/2009, 2015 (partial slow down) #australia #sydney #melbourne #canberra #brisbane #innerwest Source: Corelogic

09.01.2022 The NSW government has ordered an urgent review of the structural integrity of buildings at Sydney’s Olympic Park after cracks opened up like from a horror movie in a new residential skyrise approved under fast-track legislation.

07.01.2022 - Sydney values are now 11.1% lower compared from peak in July 2017 - MELB values are down 7.2% since peak in November 2017 - National dwelling values -4.8% in 2018 - confirming weakest housing market conditions since 2008 #australia #sydney #melbourne #canberra #brisbane #realestate

06.01.2022 Certainly buyers confidence will be impacted as buyers now will take a closer look at government and inquiry results of buildings. "Tower might not fall, but prices for new apartments could plummet as the consequences of the building debacle widen" https://www.news.com.au///2326a65696330c04ac03747b82e83187

02.01.2022 Merry Christmas and wishing you a prosperous 2019 - From Sitnok Global

02.01.2022 Bargaining power (is) moving to tenants as some landlords struggle to fill their rental properties.