Australian Housing Bubble - a Micro Doc

Welcome to Silver Bull Channel's First Micro Documentary on the Australian Housing Bubble.

All short news bursts are the respective copyrighted property of Channel 7, 9, 10 and the ABC and are used under fair use for educational and discussion purposes and include their watermark where displayed. (Fair Dealing under Australian copyright law - "news".)

All photo & images are copyright free and provided by http://www.sxc.hu and used in accordance with their terms and conditions.

The short music clip - "From a land down under" Men at work. Brought from iTunes. This great song only costs $1.69 for the track at iTunes.

This Micro Doc has been brought to you by Silver Bull Channel and produced using keynote on a Mac computer. (then screen capture pro to make sure the audio works on youtube)

Category:

News & Politics

Tags:

• bubble
• carbon tax
• capital gains
• rent
• rental return
• credit
• debt
• negative gearing
• stamp duty
• state
• federal
• local
• land
• shortage
• property

[THEDROPPEDSOCK]

The reason all those papers said there was not a bubble is because realestate advertisements often make up a large portion of a papers revenue.

[alstar70]

@THEDROPPEDSOCK Here in Australia we also have the Government as an interested party to keep the bubble going so they get increased tax revenue, hence why the drop interest rates whenever they worry about the housing market reflecting true value.

[THEDROPPEDSOCK]

@alstar70 Very interesting article mate! What percentage drops do you think we could expect over the next couple of years ? Could it be as bad as some of Americas drops ?

[alstar70]

@THEDROPPEDSOCK I don't think it will be as bad because our Reserve Bank as the ability to drop interest rates, whereas the US was already at 0% and couldn't stop the burst. Our reserve bank can allow a slower deflation as this time - but all the can change if the inflation monkey escapes and the reserve bank has to lift interest rates to say 15% then all bets are off.

[alstar70]

Yes I noticed that when I visited. I think relying on the tourist industry they have been the first to feel the pain.

[OMGNoUserNamesRLeft]

famileri- are you saying that an entire generation who have been squeezed out of viably entering the property due to the greed of investors are "losers"? Well... i hope when the bubble bursts you lose your shirt, you selfish, narrow minded dick.

[Tomta20012]

couldn't burst sooner! i cant wait lol

[famileri]

Australia needs more migrants we need to increase the population so as property prices increase.. The govt needs to stop public housing so the losers need to rent houses from investors. The govt needs to remove capital gains tax so more investors can provide rental properties to those losers who are unable to buy their own

[andy77aus]

The Sunshine coast and the Gold coast have already been hit hard. Bring on the bubble I say.