Because these politicians have sold off most of Australia to foreign entities our economy has been reduced to a mass immigration real estate pyramid ponzi and they know the minute this ponzi stops it all collapses like a house of cards.
We are staring at the 2008 USA real estate like crash. In 2 years Perth, Adelaide and Brisbane prices have doubled, there needs to be an analysis of how many of these are investors and what category. The middle and lower middle class at facing the brunt, as higher real estate is directly proportional to cost of living.
It's even worse than only Investors. 10% of Renters are now Rentvestors (ABS). Frightening stuff. We nerd Bank Consolidation and bank shareholders need to start taking a haircut.
Australia’s loans being variable rather than fixed makes a very big difference. That’s why our market doesn’t stall like the US. Plus the US crash was caused by a heap of dodgey loans.
@@Herbert12864 in line with RBA governed recent comment, I am worried we will see more lower and middle class having to sell. Hopefully it balances out and does not crash.
Keep finding a way to pay ever increasing prices for property, keep fuelling ridiculous property prices! 😮 I thought people had no money in Australia? Must be immigrants! 💰
@@pixel8905 Someone is propping up the property market in Australia despite high interest rates...🤔 Prices are still rising despite banks having tightened lending criteria. How much higher do interest rates need to get before property prices fall?
1.5 million immigrants in Australia in 2 years. Demand is outstripping supply but those immigrants must be cashed up. Or some Australians have more money than they might say? 😮
I guess sunrise can't say it but I will... high salary earners including politicians want prices to keep rising no matter the consequences
Because these politicians have sold off most of Australia to foreign entities our economy has been reduced to a mass immigration real estate pyramid ponzi and they know the minute this ponzi stops it all collapses like a house of cards.
I agree. The people making the rules are keeping their assets rising in value. Suits me nicely
@Herbert12864 that's great but unsustainable.... it's future generations that'll suffer.... they already are
Calling 0.01% an increase in Melbourne is a joke!
If you account for inflation it's gone backwards big time.
This video is over a year old! Look at the news ticker - Bonza, World Cup etc.
Buddy Franklin retired last year. Why wait a year to post this video? Strange behaviour.
We are staring at the 2008 USA real estate like crash. In 2 years Perth, Adelaide and Brisbane prices have doubled, there needs to be an analysis of how many of these are investors and what category. The middle and lower middle class at facing the brunt, as higher real estate is directly proportional to cost of living.
It's even worse than only Investors. 10% of Renters are now Rentvestors (ABS). Frightening stuff. We nerd Bank Consolidation and bank shareholders need to start taking a haircut.
Australia’s loans being variable rather than fixed makes a very big difference. That’s why our market doesn’t stall like the US. Plus the US crash was caused by a heap of dodgey loans.
@@Herbert12864 in line with RBA governed recent comment, I am worried we will see more lower and middle class having to sell. Hopefully it balances out and does not crash.
Look in areas outside Sydney like Wilberforce large properties beautiful community and so much cheaper than Sydney.
It's end of August!!! We are no longer in July. 😖
Sell now the biggest crash ever seen is looming ,don’t get caught ! 😮
Pffft 😂
More Homeless
Keep finding a way to pay ever increasing prices for property, keep fuelling ridiculous property prices! 😮 I thought people had no money in Australia? Must be immigrants! 💰
Immigrants also don't have money 😂
Everyone is now becoming poor in Australia
@@pixel8905 Someone is propping up the property market in Australia despite high interest rates...🤔 Prices are still rising despite banks having tightened lending criteria. How much higher do interest rates need to get before property prices fall?
@@multioptionedPeople have money
Gold below $2k
What a nice done data 😂
1.5 million immigrants in Australia in 2 years. Demand is outstripping supply but those immigrants must be cashed up. Or some Australians have more money than they might say? 😮