Видео

These guys are charlatans and Australian property is a rort. Maintenance costs, taxes and interest rates will eat your investment alive. Better to go for stocks, bonds and cash (multiple currencies). Don't fall for the lies of the Australian property Ponzi.

Can you do a show on Melbourne... houses units flats ...what areas a good to buy

this post written by banks

Love to watch how you are enjoying your activities. I watch almost all of your videos on It's Simple Finance. Your effort reflects how passionate you are. Publishing 231 public videos within 5 years is really appreciable. But as a youtuber I am a little bit disheartened after watching your youtube views and subscribers. Your videos views and subscriber are very low. your video content is impressive, but it’s missing crucial SEO elements like relevant keywords, engaging titles. To get that you need to work a bit more moderately. If you agree I can share with you some opinions.

What bout cheap areas in Melbourne for unit's & houses

Truth

Excellent video, can't believe it hasn't got many more views.

More updates on Melbourne pls

Big discovery

Q: What kind of insane economic system requires constant growth in an environment that has limited resources. A: A system based on stupidity and greed that will result in the extinction of firstly most other life forms and eventually the human species.

Foreign buyers should not be allowed to purchase or develop land in Australia. Owning property that your family does not live in should be heavily heavily taxed, and even more heavily taxed for corporate and foreign buyers. Those taxes collected should go to lower rates for owner-occupiers to get more first time home owners into the market and get more Australians owning Australian land rather than off-shore wealthy investors who just want more assets. It’s not a game, people are getting locked out of ever being able to own their own property because investors drive the market up. It’s good for no one except those that are already wealthy.

Sounds like someone is shit with money

Yes of course, because the prices are so high that there is no other options

What a moron

Awesome episode, great content Thanks!

Bahrain spent $500m USD on social housing for 2800 villas delivered - The difference is they relay on migrant workers whom are paid low wages no union .......Only way this is going to work migrant workers temporary workers from India and china ....the local aussie boff head builders now are taking the piss now. The new migrants arriving aren't going to deliver new housing as they want a nice cushy job in an office.

A recession is actually needed. Also unemployment needs to rise. Any economist will tell you this. Right now australia doesn’t have enough properties and the quickest most effective way to manage that is to minimise migration so housing and policies can keep up. At the moment there is a disconnect. There are Australian citizens sleeping in their cars

Guys, 90% of Australia is uninhabitable. Believe me it’s not just Darwin where the heat is unbearable. We moved to central Queensland and the tradies here work half of the time I used to work in NSW because of the heat and humidity. Plenty of places north of Hervey Bay where you just can’t live properly. Heat is so intense and bugs are 100000 fold on anything in NSW. Only 10% of Australia is comfortably habitable.

Great show, I really enjoyed the discussion. I moved from Sydney to Perth, and I absolutely love it here! But I completely agree - there's not a lot here, and a pretty lacklustre jobs market... so why the high house prices? The biggest sector of employment is Health and Human Services - apart from some doctors, not exactly high paying jobs. And not everybody is cut out for the FIFO lifestyle. Perth is classed as Regional for PR like Hobart (and I think Adelaide might be too), so that does attract students and migrants. But once they get their PR, they'll leave for the east coast for sure.

The universities got greedy as the international students percentage has got out of hand. Then many students expect to stay. Federal government must cut student visa heavily. Then the "skilled " migrant visa program isn't working. Many of these migrants never get a job in that skill. Plus immigration shouldn't be solely on the need for growth. Cut it back to the low 100K. And immigration visa costs is a pot of gold for the government. The visa costs are huge.

To have kept up with the pre-COVID trend population growth, we should have been spending 6% of GDP on infrastructure. Instead we spent 2% and spent the lion's share of tax revenues on welfare. We spend $200 billion on welfare & pension and $100 billion on Medicare. The annual budget is $600 billion - so half the budget is spending on people who don't work, taken from people who do. But the elephant in the room is we take in all these immigrants to slap them with income taxes to have a generous welfare state. We need working bodies here to tax.

Eat grass peasants !

can't actually watch the podcast just too painful to watch might be a weird thing to say but sad how corrupt the country is

Who would have guesed, 2 guys who talk about property who want immigration. Just think about what you said , i was one of those people working in hospitality in covid and as soon as immigration opened up the owner stopped having to pay people more to get workers. The problem is that immigration is a zero sum game, it cost in infrastructure. It keeps wahes down, if house prices was in the cpi basket out wages would have kept up. You need to look at the detail a little closer.

The comment about fireplaces and aircon. There are people who have saved and bought their own home without those features. I don't know where your getting your numbers regarding Helensburgh heading south you can't get a stand alone house for less than $800-900k, even in places like Dapto, Shellharbour, etc.

Immigration used up all the available rentals making people fight for the remaining one. And when they come up for renewals, property manager help push up the price because they get a cut. Plus more people push up inflation as they use up more than just property, they use food, goods and services. All this to prop up the economy and keep the WEF happy.

but migrants reducing housing prices, im sure of it?

immigration is a good scapegoat for the government, I went to several rental inspections and the majority were Australians.

Overall, it's a good podcast, guys. Keep it up 🫡

"Avoiding" recessions is dangerous. It supports unhealthy businesses and over leveraged property investors while removing all opportunities for younger generations. Massive shame, when all of this bandage on the gouging wound explodes its going to be very dark

Well I guess I'm renting for life😅

The real reason Hobart is out of reach is mainlanders bought up all the property as investment property and drove up prices but they do t live here!! We earn half what you do for same job on mainland. Also grocery prices are much higher due to no competition or budget supermarkets.

This is happening all over the Western world.

God knows how my kids will be able to buy a house in OZ

The big thing that needs to be defined for the stats used in this discussion is affordability to own a house, vs affordability to own a home (apartment, unit, house). Units and apartments appear to be a pretty affordable way to step into the property ladder. Are the figures quoted for each city including those as well as houses?

You are 100% on the money 💰 expensive it’s called deflation 🤔🙏

We need to raise taxes for investors and stop immigration if we want more affordable housing.

Great show. Could you please do a comparison, in detail (Income, taxes, food expenses, mortgages etc..) of an average person buying an average house in Sydney NSW in say 1980 and today in 2024. Thx. Great show again. Well done from Australia.... Got yourself another subscriber.

We are living in a 3rd world country.

new 3 bed home cost $700000 to build

is hobart cheaper than Nelson in new zealand , similar terrrain on the water / Apartments with water views 2 bed 2 million

300k a household sydney under these socialist dickheads , taxes gone up 30% under labor do you drive ,,do you drink & do you smoke your getting tax to hell now ! plus 10% halauge tax on trucks means transporting food ,,cars & goods more expesnive

2700 houses for 5 billion. That’s dodgy AF

Great show guys! I live in Perth and found this episode very informative and easy to understand.

Who wants to live in a tyrannical country that locks up their citizens in their homes for no reason and makes all law abiding citizens turn in their guns.

Only come here if you are serious about adopting our way of life.

What do these terms this vernacular, this manner of framing this conversation do for distinguishing between free enterprise, Communism and socialist societies. The commonality seems to be back room deals, insider trading on privileged information and teaching the sheeple that they are number one. When are we going to have the truly great and unique future where we are truly led to greatness, better than the rest, by a true leader that will not share his plans and when asked will tell the offender to stfu and take 3 steps back into the ranks., when, I say, can someone for the love of God tell me?!?!?

You are definitely not a mathematician lol $600k x 10 = $6million! It was around $1m in 2010 and would fetch 3.5 x that around $3.5m. Definitely peaked as well. Builders buying land, to profit from the rich. It's miss leading looking at just prices for new buyers.

Great bro can i get your gmai account?

second episode 12