Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
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New Yotk, London. Vancouver. All cheaper.
New Yotk, London. Vancouver. All cheaper.It’s inflation, caused by the examples I gave.
Inflation is an increase in the level of prices of the goods and services that households typically buy. A powerful lesson from history is that low and stable inflation is a prerequisite for a strong economy and sustained full employment and growth in real wages.
New Yotk, London. Vancouver. All cheaper.
Agreed. Out tax system and lack of policy encourages investment in housing above investment in industry, except maybe mining.Yes, they don’t have the same causes that our governments have created, including lack of industry to invest in -
Taxes and levies keep rising, availability of land is reduced, costs of everything including energy are high and keep getting higher, builders are forced to compete against government projects for trade peoples, monetary policy during Covid pumping ridiculous amounts of cash into the economy, international and domestic superannuation funds are buying up property at any price because of lack and fear of investment in industries, and on the list goes.
No, it won't make any difference.A few thoughts.
When the super tax on unrealised capital gains needs to be paid by these horrible rich boomers, in the next 2 years, can we not expect a flood of service stations, warehouse units and farms for sales, with few takers...
Sad but could be a few bargains around
That's exactly what Government want, property is currently the only Government quaranteed investment and in the last two years they have made it too big to fail.No, it won't make any difference.
It still is cheaper to keep in super than out of it. And a lot of the property is in family trusts which are unaffected in any case.
The problem is what John said. People invest in property first instead of enterprise.
Some Sydney areas are down 15% from peak which is roughly similar to the Noosa hinterland fall.That's exactly what Government want, property is currently the only Government quaranteed investment and in the last two years they have made it too big to fail.
Where IFocus and I live prices have pretty well doubled in two years, if this bubble bursts, it will be one hell of a mess IMO.
It was just a matter of time. Taxes and levies keep rising, availability of land is reduced, costs of everything including energy are high and keep getting higher, builders are forced to compete against government projects for trade peoples, monetary policy during Covid pumping ridiculous amounts of cash into the economy, international and domestic superannuation funds are buying up property at any price because of lack and fear of investment in industries, and on the list goes.
It’s called inflation.
And obviously taxes just in case you fo not fail
There is property and then there is units.Late Mail...It must most certainly depend on were you are. This just came in... Hate to see it in ten years time when were all broke?
Beyond that, traders will mull over how they feel about fresh housing price forecasts this morning: Property prices have been tipped to jump again in the next 12 months, with Sydney, +7%, and Melbourne, +6%, to balloon most.
Yeah, they just go state to state until they max out all their credit.Here we go again.
Investors rule in NT as more people squeezed out of affordable housing.
Interstate investors swarm NT homes, shutting out locals and raising rents
Interstate investors are targeting homes across the Northern Territory and buying them up hours before they hit the market, as recent data shows Darwin has the tightest rental market in the country.www.abc.net.au
As cruising across new zealand, feel lucky to be in AustraliaThis might be interesting.
I don't think I can watch the Fabian's presentation, even if it contains some truth, because there will definitely be a socialist agenda. But if one can avoid dry wretching, it will give us the thinking from their WEF think tank point of view.As cruising across new zealand, feel lucky to be in Australia
Prices here are shocking
Remote lost places on small blocks, and very european styled houses cramped shitty dumps IMHO are at the same price as our sunny coast places.
Truly incredibly expensive ....
And remember that NZ salaries are nowhere near Aussies.
Obviously the local left is blaming the current liberals forgetting years of wef woke Jacinta and associated migration numbers
Does that sounds similar?
Of note, New Zealand property prices going back 20 or 30 years were massively cheaper than Australia, FWIW.As cruising across new zealand, feel lucky to be in Australia
Prices here are shocking
Remote lost places on small blocks, and very european styled houses cramped shitty dumps IMHO are at the same price as our sunny coast places.
Truly incredibly expensive ....
And remember that NZ salaries are nowhere near Aussies.
Obviously the local left is blaming the current liberals forgetting years of wef woke Jacinta and associated migration numbers
Does that sounds similar?
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