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Voices of reason suggest Sydney will simmer not soar

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Voices of reason suggest Sydney will simmer not soar
(Image source: Shutterstock.com)

When the property doomsayers were clamouring for attention 18 months ago, the media happily obliged by reporting their wild predictions of a 40 per cent housing price collapse.

The property bears were making headline-grabbing bets that they’d walk naked down busy malls if prices didn’t fall more than some plus 30 per cent figure. The forecast falls never materialised any more than did the nude real estate relays.

Fast forward less than two year…

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