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Sydney has recorded its steepest annual jump in house rents in five years; "Does the news get any worse for first-home buyers?" said Domain Group senior economist Andrew Wilson
Topic Started: 9 Jul 2015, 10:29 AM (4,137 Views)
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Sydneyite
11 Jul 2015, 01:40 PM
Ted, you idiot! The article was about SYDNEY! Your own chart shows the Sydney over-all vacancy rate at 1.8% - a level it is has hovered around for the duration of your chart (since 2010). :re:
8-)

Coupla yes no for you.

Do you agree that Sydney rents will fall ?

Do you agree that Melbounre, Canberra,Darwin ,Brisbane and Adelaide rents will fall ?

Do you agree that soon Perth rents will become cheaper than they were ten years prior ?

Can you answer these simple questions for us ?

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Sydneyite
11 Jul 2015, 01:40 PM
Ted, you idiot! The article was about SYDNEY! Your own chart shows the Sydney over-all vacancy rate at 1.8% - a level it is has hovered around for the duration of your chart (since 2010). :re:
If you place a straight edge at the base of the trendline you will see it has continually risen for five years.

Its the same story right around the country.

http://www.sqmresearch.com.au/graph_vacancy.php?national=1&t=1

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Black Panther
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I have been saying for some time that the next phase of the Transmutation will be massive rent rises that will stun the nation.

Here it comes, Sydney 1st, then Melbourne, then the rest of the nation.

Its the Transmutation end game, effectively locking most non home owners into Renters status indefinitely.

I warned you, you mocked me. Now you idiots WILL PAY.

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Loki
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Black Panther
11 Jul 2015, 03:37 PM
I have been saying for some time that the next phase of the Transmutation will be massive rent rises that will stun the nation.

Here it comes, Sydney 1st, then Melbourne, then the rest of the nation.

Its the Transmutation end game, effectively locking most non home owners into Renters status indefinitely.

I warned you, you mocked me. Now you idiots WILL PAY.

It's natural to indulge in megalomaniacal fantasies, but it generally considered gauche to say them out loud. A bit like that time you got caught masturbating in public.


“Talk sense to a fool and he calls you foolish.” - Euripides
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ggriff
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What BS.

Rents have been rising very slowly:
http://www.sqmresearch.com.au/weekly-rents.php?region=nsw%3A%3ASydney&type=c&t=1

Rental yield is plummeting due to the strong price growth and low rental growth:
http://www.sqmresearch.com.au/property-rental-yield.php?region=nsw%3A%3ASydney&type=c&t=1

With record building approvals and heaps of job insecurity I don't see rents going up any time soon :hmm:
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Chris
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Black Panther
11 Jul 2015, 03:37 PM
I have been saying for some time that the next phase of the Transmutation will be massive rent rises that will stun the nation.

Here it comes, Sydney 1st, then Melbourne, then the rest of the nation.

Its the Transmutation end game, effectively locking most non home owners into Renters status indefinitely.

I warned you, you mocked me. Now you idiots WILL PAY.

Mmmmm, show me dickhead where there has been universal rent increases over a period of time for one city let alone all of them. You are a fuckwit sock of the heights the order. I would be livid if I could take you seriously 😯
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Frank Castle
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Business As Usual

Chris
15 Jul 2015, 01:06 AM
Mmmmm, show me dickhead where there has been universal rent increases over a period of time for one city let alone all of them. You are a fuckwit sock of the heights the order. I would be livid if I could take you seriously 😯
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Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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Admin
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Administrator

Australia’s rental markets getting tougher for tenants
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Foxy
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Zero is coming...

Wow,

This is really good.

More demand will create more supply.

Peter


Black Panther
11 Jul 2015, 03:37 PM
I have been saying for some time that the next phase of the Transmutation will be massive rent rises that will stun the nation.

Here it comes, Sydney 1st, then Melbourne, then the rest of the nation.

Its the Transmutation end game, effectively locking most non home owners into Renters status indefinitely.

I warned you, you mocked me. Now you idiots WILL PAY.

Yes Black Panther you seem to be correct.

I will say Perth is going the other way at this time.

I will also state as i have rented property to people for 46 years now.

The rental of residential property is marginal at best.

It is almost all done for capital gains.

If you are getting $75,000 rent per year on a $2,500,000 house you are getting a very low percentage return.

Particularly if you take away the inflation rate.

Peter

Edited by Foxy, 10 Sep 2015, 11:48 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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ggriff
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Alex Barton
10 Sep 2015, 11:26 PM

Am I missing something?

National Vacancy rates have been rising since 2010
http://www.sqmresearch.com.au/graph_vacancy.php?national=1&t=1

We have record building approvals creating loads of housing stock, and Dr Spruiker is telling us its getting tougher for tenants...

It is getting tougher to choose from all the available stock on the market :D
Edited by ggriff, 11 Sep 2015, 12:08 AM.
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