Irrepressible Sydney brushes off debt and doomsayers
Soaring prices, riskier lending, escalating debt and international warnings of a bubble have done little to stifle the runaway Sydney property market, amid rising concerns that banking regulators are set to step in to slow its meteroic growth.
Affordability concerns are rising but buyer appetite in Sydney still appears to be insatiable. Photo: Shutterstock
Soaring prices, riskier lending, escalating debt and international warnings of a bubble have done little to stifle the runaway Sydney property market, amid rising concerns that banking regulators are set to step in to slow its meteroic growth.
A lack of supply is being touted as the primary reason no range of negative indicators can rein in the demand that continues to drive the median property price beyond the reach of most.
There is no shorta…
