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Bursting the Bubble - Part 5 of 6

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Uploaded by on Sep 9, 2008

Episode of "Insight" that deals with the bursting of the Australian real estate bubble. Aired on 9 September 2008.

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Education

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Standard YouTube License

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  • How's that prick, Denis Hickey, fucking parasite.

  • ummm.......why dont they ever touch on the ridiculous fact that one person can buy 100+ investment properties? 3 investments per one person MAX.

  • Stop Immigration if you want to preserve the Australian way of life.

  • @Mollarooza They are renting, when rents go up they will be homeless and where there is alot of them then you will have slums like Rio.

  • If we have a supply and demand problem then where are all the excess homeless people?

  • I agree with the guy who said it was existing home owners buying investment properties or upgrading to a better house when interest rates were lower. I know so many people who did that, and of course house prices went up becausse of the demand and the leverage they had with their existing house. Now many are overextended.

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