Tony Locantro suggests a 35% decline in Sydney Property! #135 (Minimum 35% drop in Sydney Property prices - peak to trough… And Recession to come - and we are technically in a per capita recession)

1. House and Land Packages - oversupply (Jordan Springs, Rouse Hill, Box Hill - being the centre of the Housing Bubble) - Bubbles don’t need a pin - Bubbles deflate from an exhaustion of buyers

2. Consumption is 58% of our economy, Millennials addicted to After Pay, unemployment to rise, and construction to slow.

3. The banking serviceability still an issue.