I think your view on China Australia deal is wrong. They milk Australia dry with there mining and massive tax exemptions. Once its mined its transported over seas where its is cheaper to refine and then sold back to us with a larger then life price.
@@Scott-Kuru Agree! Without nuclear power, the cost of refining steel is too high. China has 55 nuclear power plants producing cheap energy ! 55 ! We Australia cannot even build one in the coming 2 decades!!!!!!!
@@Scott-KuruTwiggy Forest and Green Hydrogen are making it possible to process Australia's ore. Of course the fossil fuel industry is opposed to such technology that undercuts their sales to overseas countries.
homelessness is the #1 problem we face...more immigrants = less homes to buy or rent for Australians...if Australia was a corporate entity the entire government would be sacked for incompetence!!!!
China accounts for only 32 percent of Australia's total exports. When the Chinese government attempted to penalise Australia by outlawing Australian-made items from China, Australia responded by selling our superior exports to other nations. And China suffered instead - The Australian economy and nation is highly resilient have no fears' e.g GFC Australia didn't suffer at all
I see no growth in house prices in Australia whatsoever.. I see high unemployment Higher interest rates for longer. You will make more money on term deposits then house investment this decade..
@@Scott-KuruI've done the maths. With a 5.5% mortgage rate, the capital gain on the house would have to be at least a doubling of price plus all outgoing expenses to beat 4.5% interest on principal compounded in a term deposit.
@@RossLippiatt losing capital in real estate vs 5% term deposit interest more attractive. Australian real estate unsustainable,unaffordable. Smart people have made their money already. Boom is behind us.
If you’re so successful in property you wouldn’t be doing this…you’re only doing this in order to keep your dream alive by hoping more buy property in order for your initial purchase to rise This is equivalent to those people that will teach you “how to have a successful online business”
@ - LMFAO, check my net worth I own commercial blocks and residential complexes. I have seen MANY “property gurus” over the last 30yrs and they ALL spruik the same mantra - when all it is to investing in property is due diligence and work. Sure - since you don’t need to do anything - why not freely provide your “education” for free since you’re so kind and it’s in your core nature 🙄 Would be the equivalent of a Buddhist monk charging by the hour because he only wants to “teach” those who value “time”.
These get rich quick gurus all play the same game. Pretend to be experts until all their followers are bled dry! Then they reinvent themselves in some other grift.
You have got to remember that the Fed needs to lower the interest rates despite the inflation to aid the economy. Just because interest rates go down doesn't mean it will create sustainable capital growth. It will most likely create short-term gains, but without robust economic growth or wage growth, it will go the other way around, as this time, the bond market will not follow down to the 0% interest rates as we saw from the SVB bust.
The gigantic debt the US has can't be ignored forever. It is only a matter of a few years that even interest only repayments on that debt can be honoured. The Aus gov keeps on throwing more money to keep that R/E bubble going, further fueling inflation and high interest rates. The can can't be kicked down the road forever. Tough times ahead.
Sounds like a bad outcome for the people that do not have a voice. THE HOMELESS. What in our future gives those any hope, of one day having a proper roof over their heads. It is an increasing problem that is being ignored. It is close to being an impossibility that the current government, will reach their target of building 1.2 million homes in 5 years. Can you believe that the time it takes to build a home is at an all time high.
we didn,t have trade with china back in the day and and worked ok thank you. china takes and gives very little. trump said companies there business interest to china and closed down factories and laid american workers can expect to higher tariffs selling their goods back in america. he did this last time in office. you would be better finding we not receiving royalties and taxes from oil and gas exports. people in your state are paying high prices for gas, why? get rid of money laundering and get royalties and tax on oil and gas and inflation along interest rates will be and those people who had to choose between a roof over or eating will be able to have both again.
Way to be a property expert in Australia is to have bought when interest rates were correctly higher lowering the asset prices. Wait for money printing and socialist policies that suit the politicians. And bring in more people than you can build houses for. Oh and claim that renovations and knock down rebuilds are added to the house tally and all of a sudden. You are an expert.
Thanks for this video bro. It helped me understand a lot better compared to the other videos “Australia is rICH aNd dUMb” I live in Melbourne and I’m super happy Trump is back in office. He was always very nice to us
Appreciate your feedback not everyone seems to be happy with the video so that means a lot. Yes Trumps record with Australia has been very positive to date and I hope Labor can keep it that way.
@ same, it is a good video, not sure why people complain. Ignore it Have you heard about the misinformation bill though? It really worries me That’s basically saying we can’t expose the truth or disagree with the government right?
I’m 100% behind that we should 100% get back into some manufacturing but with our energy situation and labour situation and lack of capital and investment due to high corporate taxes and also inflexible labour laws not many companies will choose to do that.
Incoming may give favourable status to Aus imports but how much will that offset negative effects if China goes to the wall in trade war? I dont think we have any hope of influencing US policy on that agenda - if we go down with CHina I think we need leaders who are prepared to look again at the US relationship in the long term - and I dont see any real leadership capable of that at the moment...perhaps it will be a case of the crisis we had to have to finally start moving away from the "'colonial" attitude since 1945 and all our history before....and realise there is no independence without pain,,,dangerous time.
By the way pal. Relying on interest rates going down is the worst way to think. If interest rates are too low and there is another recession or global issue, where do rates go then? Clearly not thinking ahead.
Not all people are educated in this subject.Some things like ; migration,production, quantitative easing. They have no clue. How albanizie was elected, how Julia Gillard, bring all migrants, what migrants. I am a migrant too ,but most of migration is for migration fees and pushing property up. Not for grows unfortunately. Cut the story short its sad ,and politics prefere meople than can be monipulated. Alban whant everyone finish tafe,not uni.
Only crazy zombies hate Trump good Australian people love Trump some Australian politicians should be shame of themselves hmmmmmm Trump is chosen by God and Jesus Christ we know who tried twice to kill Trump and God was putting protection the world need Trump to save us all from evil elites (BlackRock) is the problem Babylonians GOD bless all good people worldwide
Labor high immigration is coming to a end 2025, change of times ahead imo 20% drop average is very possible end of 2025, Iron ore mines come online in Africa and Algeria equals high levels of lay offs imo
Immigrants have ruined Aussies from owning a home, so have real estates and all the people negative gearing and buying properties with super and other means!! Most people cant get approved for a property yet the people who use other means cant afford these investment properties if it was coming from their actual working income just like the people who get rejcted on these grounds, the people getting these investment properties have to rent them for outrageous amounts because they "CANT" really afford it!!! Tell me im wrong!?!?
Trump is on the Lord side. I pray Gods will be done, "If my people, who are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land"12. This is a verse from the Bible, 2 Chronicles 7:14 KJV2. It is a call to repentance and prayer, and a promise of forgiveness and healing from God.
@@mariebrowne418 Lets start with Trump "turning from his wicked ways" first and maybe lead by example instead of the opposite. You are so very misguided, it's alarming.
Australia is " floating with China's directions " , big country with all the natural resources but not very good of making the best of the fortunate, unlike korea, japan, Singapore... countries with limited natural resources. Talking too much not enough working, working,
Housing costs will half in 3 months....most greedy investors will go broke...he is also getting rid of the reserve bank....this bloke is a idiot and doesn't understand tarrifs
@@ghservices5397 😅Give me "boring" anyday compared to America. Australia is a beautiful country and many refugees will attest to that.....far enough away from the craziness of the rest of the world.
I know absolutely zero. Nothing. ? Interesting. I’m sure I know something. That something might not be a lot. But by definition it’s not nothing. But I agree with you too many people comment on things they know little about.
@@Scott-Kuru I don't think "you know nothing" Scott...I think you'd be pretty savvy actually and good on you👍. My only criticism of you is that you appear to be a trump supporter...😉.
This video feels like pure elitism. The overall message seems to be, "I don't care about human rights violations as long as I'm not affected." And implying Trump is good for the economy? Really? He’s only "warm and friendly" to Australians because of his racist tendencies -similar to how some view the so-called 'greatest country in the world.
I think your view on China Australia deal is wrong. They milk Australia dry with there mining and massive tax exemptions. Once its mined its transported over seas where its is cheaper to refine and then sold back to us with a larger then life price.
Yes some good points we could produce our own steel but we have a GREEN policy and don’t wanna burn the coal to do it.
@@Scott-Kuru Agree! Without nuclear power, the cost of refining steel is too high. China has 55 nuclear power plants producing cheap energy ! 55 ! We Australia cannot even build one in the coming 2 decades!!!!!!!
@@Scott-KuruTwiggy Forest and Green Hydrogen are making it possible to process Australia's ore. Of course the fossil fuel industry is opposed to such technology that undercuts their sales to overseas countries.
So true. It’s been about mining from the beginning of time. Book of Enoch 📚
word salad
Trump elected just in time ,the world has a sigh of relief
Many think so !
Don't count your chickens before they are hatched.
@DavidLockett-x4b don't cut the chickens head off before it's hatched
Darren 10000% totally agreed hope is on the horizon
Only a fool would think that!
homelessness is the #1 problem we face...more immigrants = less homes to buy or rent for Australians...if Australia was a corporate entity the entire government would be sacked for incompetence!!!!
Yes we need more affordable housing
Australia is a corporation! The problem is everyone has no idea. The Constitution was pretty much null and void in 1973!
China accounts for only 32 percent of Australia's total exports. When the Chinese government attempted to penalise Australia by outlawing Australian-made items from China, Australia responded by selling our superior exports to other nations. And China suffered instead - The Australian economy and nation is highly resilient have no fears' e.g GFC Australia didn't suffer at all
Some very good points and yes true.
I see no growth in house prices in Australia whatsoever..
I see high unemployment
Higher interest rates for longer.
You will make more money on term deposits then house investment this decade..
Impossible !!
@@Scott-KuruI've done the maths. With a 5.5% mortgage rate, the capital gain on the house would have to be at least a doubling of price plus all outgoing expenses to beat 4.5% interest on principal compounded in a term deposit.
Cash in the bank loses 50% of buying power in 10 years, assets typically double in value in 10 years, both caused by inflation.
@@RossLippiatt losing capital in real estate vs 5% term deposit interest more attractive.
Australian real estate unsustainable,unaffordable.
Smart people have made their money already.
Boom is behind us.
My term deposit interest pays for my Yearly Bills. Yoohoooo. 😂😂😂💰💰💰💰💰💰.
If you’re so successful in property you wouldn’t be doing this…you’re only doing this in order to keep your dream alive by hoping more buy property in order for your initial purchase to rise
This is equivalent to those people that will teach you “how to have a successful online business”
Check my net worth and ask urself do I “need” to do anything. Teaching training and helping are core to my nature.
@ - LMFAO, check my net worth I own commercial blocks and residential complexes.
I have seen MANY “property gurus” over the last 30yrs and they ALL spruik the same mantra - when all it is to investing in property is due diligence and work.
Sure - since you don’t need to do anything - why not freely provide your “education” for free since you’re so kind and it’s in your core nature 🙄
Would be the equivalent of a Buddhist monk charging by the hour because he only wants to “teach” those who value “time”.
@@Scott-Kuru B.S.!!
These get rich quick gurus all play the same game. Pretend to be experts until all their followers are bled dry! Then they reinvent themselves in some other grift.
I agree. True wealth takes 10 to 20 years to build. Great point.
Thanks for sharing, need more videos like this to help people with their well well informed decision making.
Appreciate your support
You have got to remember that the Fed needs to lower the interest rates despite the inflation to aid the economy. Just because interest rates go down doesn't mean it will create sustainable capital growth. It will most likely create short-term gains, but without robust economic growth or wage growth, it will go the other way around, as this time, the bond market will not follow down to the 0% interest rates as we saw from the SVB bust.
Some good points
The gigantic debt the US has can't be ignored forever. It is only a matter of a few years that even interest only repayments on that debt can be honoured. The Aus gov keeps on throwing more money to keep that R/E bubble going, further fueling inflation and high interest rates. The can can't be kicked down the road forever. Tough times ahead.
Of course it does, all of the politicians own multiple rental houses and residential mansions. Their motto is screw you I'm all right Jack.
Some good points here and thanks for your insights.
People seem to forget all politicians are the same
hi Scott, when do you see interest rates oming down? December 24 or by easter 25 ?
Too hard to predict. I usually have a best case and worst case scenario however there’s pressure to make a drop before the election.
Great insights, thank you Scott!
Thank you ❤
Interesting info. Hope the Don enjoys a successful 4 years in power.
Let’s see !
@@Scott-Kuruhe will mate 👍
Without a doubt ☺
Your are a god damn genius Gump.
Great stuffs mate as always.
Appreciated !
Sounds like a bad outcome for the people that do not have a voice. THE HOMELESS. What in our future gives those any hope, of one day having a proper roof over their heads. It is an increasing problem that is being ignored. It is close to being an impossibility that the current government, will reach their target of building 1.2 million homes in 5 years. Can you believe that the time it takes to build a home is at an all time high.
Less regulation lower taxes should mean we can build more affordable homes
Great update thank you for the info
Thank you sir
Always the best insights.
Thanks mate
just came across this channel, as an active investor love this type of content
Thanks mate
scott you are a good man
Beautiful comment!! Thank u
Well done 👏 ✔️ thankyou
Appreciate your feedback
Not threats he knows what he doing trust him he god man
we didn,t have trade with china back in the day and and worked ok thank you. china takes and gives very little. trump said companies there business interest to china and closed down factories and laid american workers can expect to higher tariffs selling their goods back in america. he did this last time in office.
you would be better finding we not receiving royalties and taxes from oil and gas exports. people in your state are paying high prices for gas, why?
get rid of money laundering and get royalties and tax on oil and gas and inflation along interest rates will be and those people who had to choose between a roof over or eating will be able to have both again.
beautiful Brilliant information
Appreciate your feedback thanks.
It will with Americans shifting to Australia and New Zealand
Let’s see how it goes
@ the inquiry level here is unprecedented
Never trust anyone involved in real estate
There’s many beautiful People in realestate I’m sorry if you have had bad experiences.
@ 😂😂😂😂
I will second that 😂😂😂😂😂😂😂😂
The government needs to stop negative gearing. It's immoral and fuels rising house prices.
Maybe its high time you did some REAL RESEARCH before making such absurd comments.
Appreciate your comment. What part specifically to you is absurd ?
@Scott-Kuru was actually directed to Darrensmith-x6h- not sure why you received it.
@@Scott-Kurueverything
I wonder how many Americans will move here and if that will impact house prices.
Let’s see ! Americans don’t traditionally make up a big proportion of our immigration.
Mr Ponzi has been reincarnated 😮🎉😂
So why do we even pay chinna for everything we already have here
U have no idea, property market Won’t be affected, property is well sort after regardless
I have “zero” idea ? None. No. Nothing at all. ? Zilch ?
Way to be a property expert in Australia is to have bought when interest rates were correctly higher lowering the asset prices. Wait for money printing and socialist policies that suit the politicians. And bring in more people than you can build houses for. Oh and claim that renovations and knock down rebuilds are added to the house tally and all of a sudden. You are an expert.
Immigration is def a huge factor.
Thanks for this video bro. It helped me understand a lot better compared to the other videos “Australia is rICH aNd dUMb”
I live in Melbourne and I’m super happy Trump is back in office. He was always very nice to us
Appreciate your feedback not everyone seems to be happy with the video so that means a lot. Yes Trumps record with Australia has been very positive to date and I hope Labor can keep it that way.
@ same, it is a good video, not sure why people complain. Ignore it
Have you heard about the misinformation bill though? It really worries me
That’s basically saying we can’t expose the truth or disagree with the government right?
Maybe we should be less reliant on China and start making things again, pharmaceuticals for example.
I’m 100% behind that we should 100% get back into some manufacturing but with our energy situation and labour situation and lack of capital and investment due to high corporate taxes and also inflexible labour laws not many companies will choose to do that.
@Scott-Kuru agree all we have it seems is big government getting bigger and a shrinking private sector.
Aud is too weak now.. higher cost of imports😢
That’s true there and pros and cons to this but that’s a good point
What do you think about mining?
In what way ?
@ real estate up in the Pilbara, it seems like if the libs get in federally in Aus it’s the perfect storm for a mining boom
Keep dancing until the music stops!
As long as the country grows the population the dance will never be over
Don’t mess up with presidents Trump 😂😂
You need to put up where you are from, like what company, your position in what company. Like who are you?
Good point. Check my YT home page. All my info is there.
Hope he gets rid of conveyance s property lawyers that lie to get people evicted from homes
Incoming may give favourable status to Aus imports but how much will that offset negative effects if China goes to the wall in trade war? I dont think we have any hope of influencing US policy on that agenda - if we go down with CHina I think we need leaders who are prepared to look again at the US relationship in the long term - and I dont see any real leadership capable of that at the moment...perhaps it will be a case of the crisis we had to have to finally start moving away from the "'colonial" attitude since 1945 and all our history before....and realise there is no independence without pain,,,dangerous time.
Good points and let’s see.
By the way pal. Relying on interest rates going down is the worst way to think. If interest rates are too low and there is another recession or global issue, where do rates go then? Clearly not thinking ahead.
Good point. I don’t think rates get below 3% unless we experience a big event.
You talk from your arseee crack
That’s not very nice. Geez.
Who's wealthy ? The wealthy, not the poor
Do not vote Labor or Liberal
Tell me why do so many Australians hate Trump when he looks after them.
The fact that Australians voted for albanese specks volumes ,personally I think trump is just what the world needs .
Not all people are educated in this subject.Some things like ; migration,production, quantitative easing.
They have no clue.
How albanizie was elected, how Julia Gillard, bring all migrants, what migrants.
I am a migrant too ,but most of migration is for migration fees and pushing property up.
Not for grows unfortunately.
Cut the story short its sad ,and politics prefere meople than can be monipulated.
Alban whant everyone finish tafe,not uni.
Because most Australia listen to cnn and other fake news.
Only the msm sheep hate him luckily the rest of us are able to think critically .
Only crazy zombies hate Trump good Australian people love Trump some Australian politicians should be shame of themselves hmmmmmm
Trump is chosen by God and Jesus Christ we know who tried twice to kill Trump and God was putting protection the world need Trump to save us all from evil elites (BlackRock) is the problem Babylonians GOD bless all good people worldwide
Labor high immigration is coming to a end 2025, change of times ahead imo 20% drop average is very possible end of 2025, Iron ore mines come online in Africa and Algeria equals high levels of lay offs imo
Thanks for your comments we would need zero immigration to have a substantial impact on house prices
@ thanks i dont think so, guess we will find out with Dutton’s 140k entry only plan.
Mr expert saying trump loves Australia. He loves wat he can get out of us .like money.
His past history suggests he honors the deals we have with him.
Immigrants have ruined Aussies from owning a home, so have real estates and all the people negative gearing and buying properties with super and other means!! Most people cant get approved for a property yet the people who use other means cant afford these investment properties if it was coming from their actual working income just like the people who get rejcted on these grounds, the people getting these investment properties have to rent them for outrageous amounts because they "CANT" really afford it!!! Tell me im wrong!?!?
Trump is on the Lord side. I pray Gods will be done,
"If my people, who are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land"12. This is a verse from the Bible, 2 Chronicles 7:14 KJV2. It is a call to repentance and prayer, and a promise of forgiveness and healing from God.
@@mariebrowne418 Lets start with Trump "turning from his wicked ways" first and maybe lead by example instead of the opposite. You are so very misguided, it's alarming.
😊
Australia is " floating with China's directions " , big country with all the natural resources but not very good of making the best of the fortunate, unlike korea, japan, Singapore... countries with limited natural resources.
Talking too much not enough working, working,
Some really good points here
Lots more jobs in Australia because people will be working for free. 40c US.. .. no one can afford an iphone
Can't the king help you do something
Means nothing, Trump has no impact on aus property market. Maybe be a bit more creative. Aaaaaa yawn 😂😂
So US policy on trade, economics, war and geo politics has NO IMPACT. Zero impact on the world and specifically no impact on Australia ?
Go back to sleep dude
@@Hope-bc9ygNo...Dude. You go back to sleep...Dude.
Hmm Aussies love Trump especially your news stations. We see eh?
@@HwnDragon1 Not all Aussies...but yes, a lot and it's disgraceful.
@ true we will stand in the light my friend 💕
You probably are poisoned!
Cut the dumb background music.
Yeah it might be too loud good point.
Housing costs will half in 3 months....most greedy investors will go broke...he is also getting rid of the reserve bank....this bloke is a idiot and doesn't understand tarrifs
Stop ranting about making money on property
Stop being a weak lil B
Scott here just trying to have a whinge while making out I’m not whinging that Trump won 😂😂😂
Odin one of my favourite gods :) hopefully I don’t sound like a
Whinger in the next video
@ mate Trump winning is a great thing for the West he will fix things that Kamala and her mates would have made worse.
Australia is too boring country
Hahahaha some do say that. I love it !
@@ghservices5397 😅Give me "boring" anyday compared to America. Australia is a beautiful country and many refugees will attest to that.....far enough away from the craziness of the rest of the world.
You shouldn't talk about things you know nothing about! Self centred profit burning 🥵 the uneducated
I know absolutely zero. Nothing. ? Interesting. I’m sure I know something. That something might not be a lot. But by definition it’s not nothing. But I agree with you too many people comment on things they know little about.
@@Scott-Kuru I don't think "you know nothing" Scott...I think you'd be pretty savvy actually and good on you👍. My only criticism of you is that you appear to be a trump supporter...😉.
This video feels like pure elitism. The overall message seems to be, "I don't care about human rights violations as long as I'm not affected." And implying Trump is good for the economy? Really? He’s only "warm and friendly" to Australians because of his racist tendencies -similar to how some view the so-called 'greatest country in the world.
Human rights are very important. The video was to talk about the impact on housing not on Pres Trump overall.
Warning!! Don't go to Kerala, India with ur name.
Threatening people online in Australia is a crime. I’d be very careful sir of your next move. Try me.