The Martin North wrecking ball swings itself again:
The latest in our “Property Market Front Line” series, with a property insider calling it as it is…with surprising results!
Edwin Almeida predicts prices to fall to 2004-2005 levels in a lot of Sydney areas. Providing, the government don’t come up with, a left field stimulus package.
He is confident, apartments prices will drop 50-60% and homes by as much as 40%-50% from their 2017 peak, regardless.
Makes my 40% indications look quite benign!
