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Solving the housing crisis, the Sydney suburbs where no-one leaves & why sentiment counts in property

Australian Property Podcast

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The Rise of Downsizing

The median hold period for houses has jumped from 5.3 years in December 2002 to 10 years in December 2022. The biggest increase in hold periods was for houses in the in the West from 5.4 to 11.7 years, so basically doubling. And the longest hold periods for houses overall was in Sutherland at 12.3years. Stampede is obviously part of it, but even if someone can afford to pay Stampede, which is a lot of money, it's maybe about 5% of the next purchase,. So then you got to pay 2 to 3% to sell the property, 2% for the age of maybe 1% to tidy things up and style, et

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