Australia's Affordability Crisis

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  • Опубликовано: 7 сен 2024
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Комментарии • 85

  • @LucasBenjamin-hv7sk
    @LucasBenjamin-hv7sk 2 месяца назад +81

    Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

    • @fadhshf
      @fadhshf 2 месяца назад +3

      In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.

    • @hasede-lg9hj
      @hasede-lg9hj 2 месяца назад +4

      True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $150k...that's like 7times more than I average on my own.

    • @lowcostfresh2266
      @lowcostfresh2266 2 месяца назад +1

      @@hasede-lg9hj Impressive can you share more info?

    • @lowcostfresh2266
      @lowcostfresh2266 2 месяца назад +3

      This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?

    • @hasede-lg9hj
      @hasede-lg9hj 2 месяца назад +1

      Annette Marie Holt is the licensed adviser I use. Just research the name. You’d find necessary details to work with to set up an appointment.

  • @annawelshmen5364
    @annawelshmen5364 2 месяца назад +2

    I have been following your channel i must say i love the advice they are worth it, but here I bring you good news, I'm 47yrs old $73,000 biweekly and I'm retired, this video have inspired me greatly in many ways!!!

    • @NageshBontrager
      @NageshBontrager 2 месяца назад

      Awesome how do you make such monthly, am a born Christian and sometimes I feel so down 😭 of myself because of low finance but I still believe God😞

    • @annawelshmen5364
      @annawelshmen5364 2 месяца назад

      It's Maria Angelina Alexander doing she's changed my life. A BROKER- like her is what you need.

    • @AlfonsoGallardo-kn5ng
      @AlfonsoGallardo-kn5ng 2 месяца назад

      If you were born and raised in new York you'd know too, she's my family's Broker for 3yrs till now and a very good one if you asked me. No doubt she is the one that helped you get where you are!!!!

    • @Dbutant
      @Dbutant 2 месяца назад

      I know that woman (Maria Angelina Alexander)

    • @MarieLuiseCetinkaya
      @MarieLuiseCetinkaya 2 месяца назад

      Can I reach her

  • @lukemalic
    @lukemalic Месяц назад +1

    It means nobody wants to do trades any more because you will never afford a home or have a family.

  • @toniau613
    @toniau613 2 месяца назад

    Hi Luke! Love ur channel! Could you please tell us what’s the ratio for Gold Coast ? Thanks

  • @BasedinReality1984
    @BasedinReality1984 2 месяца назад +1

    Why is the comment section filled with so many Spam/Scam comments??

  • @Turd_farmer
    @Turd_farmer Месяц назад +1

    This shit makes me want to top myself. Whats the point in living anymore

  • @SouthIndianOZ
    @SouthIndianOZ Месяц назад

    Is it just me or is there some audio issue towards the end of the video (9:14)?

  • @GDayItsSteve
    @GDayItsSteve Месяц назад +1

    It’s greedy estate agents and buyers agents like yourself combined with the incentives to just buy all the property up that’s caused it and it’s getting worse.
    Negative gearing and encouraging people to “live easy” by having mutiple houses and sub dictions and flats to rent out means the market isn’t good for genuine people who just want to live.
    Flats and townhouses with body corporate costing as much as houses. Properties on the market with no asking price because they just go to auction and “let the market decide” means people desperately pay over the odds just to get something.
    Commissions and thousands in fees means there’s no incentives to reduce these practices.
    People then blame immigrants for “taking all the houses” when it’s more likely their family members and mates buying up all the properties to have a “portfolio” after watching channels like this.
    The housing crisis will continue into oblivion until only the ultra rich can afford to live at this rate.
    So yeah well done for adding to the crises.

  • @GraceNicky
    @GraceNicky 2 месяца назад +10

    I know nothing about trading/ Investing and I'm keen on getting started . What are some strategies to get started with ?

    • @SamanthaRose-xi8me
      @SamanthaRose-xi8me 2 месяца назад

      As a beginner, it's essential for you to have a mentor to keep you accountable.
      I'm guided by a widely known crypto consultant

    • @SamanthaRose-xi8me
      @SamanthaRose-xi8me 2 месяца назад

      Mrs Ashley Petra

    • @ElenaDostic-zn9ge
      @ElenaDostic-zn9ge 2 месяца назад

      This is correct, Ashley Petra strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.

    • @JacksonDavid-bm3dc
      @JacksonDavid-bm3dc 2 месяца назад

      Ashley is considered a key Crypto Strategist with one of the best copy Trading portfolio and also very active in the cryptocurrency space.

    • @LucyAndason
      @LucyAndason 2 месяца назад

      Isn't that the same Ashley Petra that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

  • @brettm1583
    @brettm1583 Месяц назад

    Lol you younger buyers advocates are are so predictable in your history span going back only 30 years to justify house prices not collapsing. 😂 I suggest you look into debt cycles particularly the difference between short and long term cycles. Ray Dalio might help your understanding of economics

    • @lukewiles1
      @lukewiles1  Месяц назад

      so what's your investing strategy?

  • @herbertvonsauerkrautunterh2513
    @herbertvonsauerkrautunterh2513 Месяц назад

    I'm getting a bit tried of the words 'crisis or crises' as that is not the case. There is no crisis. It's just the material flow of things. No one sets prices for property, it's pure supply and demand. If someone pays a higher price then the price is right. No one has a right to anything, just the opportunity. The opportunities are there but people want it easy. That's the problem. Look how the majority vote. Fix that and fix a lot of waste.

  • @cbrfishingguy9623
    @cbrfishingguy9623 Месяц назад

    Greedy tradies and builders raises the cost of building houses

  • @georgiabeck4675
    @georgiabeck4675 2 месяца назад +3

    Love your advice, honestly feel so unsure at the moment, me and my partner are ready to get in to the market but the risk is starting to stress me out. I’ve had discussions with so many brokers, buys agents and property investment companies (not gunna lie there are the actual worst) I’m not sure if we have the risk appetite to be so negatively geared for our first property but this seems like it will be the case if we move forward.

    • @lukewiles1
      @lukewiles1  2 месяца назад

      @georgiabeck4675 it can be very daunting! Especially with so much information online these days and buying a property being such a big financial decision.
      Give me a call if you want to chat (even if you're not buying in Brisbane). My numbers is on our website.

  • @kelvinjames6344
    @kelvinjames6344 2 месяца назад +2

    Whalan and Lithgow and penrith and mt druitt and emerton and airds need immigrants to improve the place

  • @I_LOVE_THE_SUNCOAST
    @I_LOVE_THE_SUNCOAST 2 месяца назад +3

    Yes, Australia's housing prices are scandalously high, worse than here in USA.

    • @lukewiles1
      @lukewiles1  2 месяца назад +1

      @@I_LOVE_THE_SUNCOAST with the no end in sight 👀

    • @coopsnz1
      @coopsnz1 2 месяца назад

      usa taxes a fuck all why it much cheaper , luxury cars ' alchoal tax much less in usa

    • @I_LOVE_THE_SUNCOAST
      @I_LOVE_THE_SUNCOAST 2 месяца назад

      @@coopsnz1 Yes, all much less in USA

    • @haha-eg8fj
      @haha-eg8fj 2 месяца назад

      Passport renewal, drivers license renewal, etc. all costs a lot more in Australia.

    • @coopsnz1
      @coopsnz1 2 месяца назад

      @@haha-eg8fj building licence ' electrical licence the list goes on ! to rego a v8 in nz is $150 a yr

  • @MikeyInThailand
    @MikeyInThailand 2 месяца назад +1

    Dude you are getting spammed by investment scammers it’s rife on RUclips now, I warned you in another video so leave it to you

    • @BasedinReality1984
      @BasedinReality1984 2 месяца назад

      Its out of control aye.I just reported them all

    • @MikeyInThailand
      @MikeyInThailand 2 месяца назад

      @@BasedinReality1984 most of the RUclipsrs don’t care it’s seems as their videos get recommended with the more interaction in the comments, but these scammers are in Nigeria and India and suck people into sending money for investment

    • @BasedinReality1984
      @BasedinReality1984 2 месяца назад

      @@MikeyInThailand I think you might be right there . Hopefully they like and subscribe too

  • @eugenetan7326
    @eugenetan7326 2 месяца назад

    Panic mode

    • @lukewiles1
      @lukewiles1  2 месяца назад

      @eugenetan7326 property has been a strong bull market the last few years

  • @coopsnz1
    @coopsnz1 2 месяца назад

    taxes the problem more than 125 taxes ! singapore ' switzland ' germany ' denmark more expensive