Its a joke about house shortages. The government want high prices so they get more tax benefits. the higher they are the more money they make. They will drop alot . Get ready for it . it has to happen. If they don't drop inflation and interest rate rises will get us anyway. And that means unemployment which means houses losses anyway. Banks such as commonwealth will tell you otherwise because 50% of the company is invested in property.
Its a joke about house shortages. The government want high prices so they get more tax benefits. the higher they are the more money they make. They will drop alot . Get ready for it . it has to happen. If they don't drop inflation will get us anyway. And that means unemployment which means houses losses anyway. Banks such as commonwealth will tell you otherwise because 50% of the company is invested in property.
@Celtic450 And you don't think every other Aussie was a speculator? Why else would you buy an asset that is so overpriced? Everyone thinks prices will rise forever (generalisation there). Good luck, as soon as our economy winds back amongst other factors in the next few years, house prices will fall significantly. 100%
Housing is the highest in the world in the lucky country full of land pimps, greedy guttersnipe land sharks and parasites on those who are the savers of the world.What comes round goes round as can be seen in the USA and elsewhere. Aussies are the smartest people on the planet it cant happen here can it?All we have to do is flood Australia with more newbies and she'll be right mate.Google in Florida land boom and bust and start learning thats if you can!
@sighbaru i want to see these greedy cunts get whats coming to them. Government have done nothing to protect us they dont give a fuck about the australian people.This housing shortage debacle should ve been nipped into the bud a long time ago.Also having strict housing investor laws for both austrlian and overseas investors is a must.These parasites have ripped the guts out of the australian housing market and nothing has been done to fix this major issue.This has profound impact on society.
@Valkyriepure it has destroyed this country people are already suffering people having to have dual incomes to just to survive and still struggling, being in huge ammounts of debt, being more reliant on centrelink, kids leaving home alot later.Then on top of that we have this ageing population who have the gall to whinge about not getting enough pensions when it was there fucking fault were in this mess. This country really has gone to shit and housing market needs to crash.
Sadly, a year and a bit later, housing in canberra has risen 8.7%. On an average home here that's $28k in one year. Hope you all saved that much to keep up. First high interest rates, then the GFC fear didn't shake the prices at all...and with the recent halving of the FHOB, they still seem unshakable.
Well said Freeyourmined, I agree with you but I think the bottom will probably take a bit longer. It's great to see that house prices dropped around 7% from last year... certainly puts the mantra of "Houses double every seven years" on it's ass. Anyway, good luck to everybody in the coming years... we're going to need it.
adrop around 50% in the next few years. Sell now, rent and buy a house in a few years..You won't hear it on the news. The start of the collapse will be when the first home buyer's grant stops.That has created a phony real estate economy When these people with huge mortgages lose their jobs and international workers go back home.Australian housing will be in freefall and rents will decline.
@freeyourmined yes that could be all well and true but its also taking a risk.What if housing does go up in a few years ? The housing shortage in this country is a the major problem here supply and demand.Once the housing shortage gap is closed then we might see a decline housing prices.
Boycott property...fuck the greedy auctioneers.
Lets teach those geedy snakes a hard lesson.
MrAntiFarLeft 6 months ago
@MrAntiFarLeft You DOLLAR IS STARTING TO drop again, I think it will be even with the American dollar very soon.
aerowayne4 6 months ago
@aerowayne4 mate it will probably drop lower soon....there is a global s
shit storm coming and Australia will not be spared this time.
MrAntiFarLeft 6 months ago
DON'T BUY HOUSES!!! FORCE THEM TO DROP THE PRICES!!!
IndomitableMan 1 year ago
The prices will either remain the same for years or drop. Our home income has to catch up in proportion
tomjenmaj 1 year ago
Its a joke about house shortages. The government want high prices so they get more tax benefits. the higher they are the more money they make. They will drop alot . Get ready for it . it has to happen. If they don't drop inflation and interest rate rises will get us anyway. And that means unemployment which means houses losses anyway. Banks such as commonwealth will tell you otherwise because 50% of the company is invested in property.
tomjenmaj 1 year ago
Its a joke about house shortages. The government want high prices so they get more tax benefits. the higher they are the more money they make. They will drop alot . Get ready for it . it has to happen. If they don't drop inflation will get us anyway. And that means unemployment which means houses losses anyway. Banks such as commonwealth will tell you otherwise because 50% of the company is invested in property.
tomjenmaj 1 year ago
If they keep on bringin chinese communist speculators it will never go down.
Celtic450 1 year ago
@Celtic450 And you don't think every other Aussie was a speculator? Why else would you buy an asset that is so overpriced? Everyone thinks prices will rise forever (generalisation there). Good luck, as soon as our economy winds back amongst other factors in the next few years, house prices will fall significantly. 100%
cabgt 1 year ago
atm every1 in sydney and melbourne who own properties are paper milionares. congratulation!
erictjie 1 year ago
How can those experts be so stupid, houses are in a gob smacking huge bubble
fox20012 2 years ago
WE ALL KNOW ITS GONNA CRASH....
bphillimore 2 years ago 9
u forgot 'crash and burn'
fox20012 2 years ago
Firstly, I couldn't give a stuff if it does fall because I'll still be able to eat souvlaki. But please put your balls on the line and say when.
mrbendoverful 2 years ago
Housing is the highest in the world in the lucky country full of land pimps, greedy guttersnipe land sharks and parasites on those who are the savers of the world.What comes round goes round as can be seen in the USA and elsewhere. Aussies are the smartest people on the planet it cant happen here can it?All we have to do is flood Australia with more newbies and she'll be right mate.Google in Florida land boom and bust and start learning thats if you can!
sighbaru 2 years ago 5
@sighbaru i want to see these greedy cunts get whats coming to them. Government have done nothing to protect us they dont give a fuck about the australian people.This housing shortage debacle should ve been nipped into the bud a long time ago.Also having strict housing investor laws for both austrlian and overseas investors is a must.These parasites have ripped the guts out of the australian housing market and nothing has been done to fix this major issue.This has profound impact on society.
67675656565655656565 1 year ago
@67675656565655656565 You are totally correct. This type of total selfish greed is destroying this country and EVERYONE will suffer.
Valkyriepure 1 year ago
@Valkyriepure it has destroyed this country people are already suffering people having to have dual incomes to just to survive and still struggling, being in huge ammounts of debt, being more reliant on centrelink, kids leaving home alot later.Then on top of that we have this ageing population who have the gall to whinge about not getting enough pensions when it was there fucking fault were in this mess. This country really has gone to shit and housing market needs to crash.
67675656565655656565 1 year ago
Sadly, a year and a bit later, housing in canberra has risen 8.7%. On an average home here that's $28k in one year. Hope you all saved that much to keep up. First high interest rates, then the GFC fear didn't shake the prices at all...and with the recent halving of the FHOB, they still seem unshakable.
mooody12 2 years ago
No manufacturing jobs, Borrowing billions. Australia is gone. If you borrow money from private Zionist Bankers expect the worse. In fact
expect to have nothing.
Easydollars 2 years ago
I took your advice and went shopping for Zionist Bankers. I got a few weird looks and a punch in the nose. Where are these Zionist Bankers?
mrbendoverful 2 years ago
be patient, I believe they will be close to bottom 2 years from now
freeyourmined 2 years ago
Well said Freeyourmined, I agree with you but I think the bottom will probably take a bit longer. It's great to see that house prices dropped around 7% from last year... certainly puts the mantra of "Houses double every seven years" on it's ass. Anyway, good luck to everybody in the coming years... we're going to need it.
lokir 2 years ago
adrop around 50% in the next few years. Sell now, rent and buy a house in a few years..You won't hear it on the news. The start of the collapse will be when the first home buyer's grant stops.That has created a phony real estate economy When these people with huge mortgages lose their jobs and international workers go back home.Australian housing will be in freefall and rents will decline.
freeyourmined 2 years ago
well said mate. government intervening on freemarkets always leads to disaster
nickstar717 2 years ago
I hope you are right
Cause thats what I am waiting for too
Steven2690 2 years ago
PS, I just sole mine because of this and am going to rent awhile
freeyourmined 2 years ago
Nice well you will be able to buy a house twice as good so to speak
Steven2690 2 years ago
C.G Dw
italiansdoitbetter18 2 years ago
@freeyourmined yes that could be all well and true but its also taking a risk.What if housing does go up in a few years ? The housing shortage in this country is a the major problem here supply and demand.Once the housing shortage gap is closed then we might see a decline housing prices.
67675656565655656565 1 year ago
Overseas/australian investors fuck off you leaches.
67675656565655656565 1 year ago