MORE Sydneysiders are buying into strata developments than ever before and in the wake of incentives for buying into new buildings in the 2012 state budget there could be even more medium – and high-density buildings on our horizon.

“It won’t be long until more than 50 per cent of people are living in strata communities,” says Fair Trading Minister Anthony Roberts.

The NSW government is currently reviewing strata and community title laws and Roberts hopes to present parliament with proposed changes by early 2013.

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There’s a lot of debate about the future of Australian property values, with strong arguments being mounted on both side of the fence. It’s worth listening to the Australian chief executive of the world’s biggest bond fund Pimco, John Wilson. He emphatically denies that our housing market is experiencing a price bubble and uses some compelling arguments to substantiate his opinion.

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