I'm from NZ, but I imagine things are similar. My house was worth $450k when I bought it 20 years ago. (Central Auckland.) I earned $90k. So a 5:1 ratio exactly. Now it's worth $1.4m but there's no way I could earn $300k, and certainly not the "me" of 20 years ago. Young people have been sold a dummy.
If he imposes tarrifs on australian goods, the economy will sink... On another note, I heard on the news 3M households are facing homelessness. The perfect storm
I'm a realtor and I can say this is not correct. You are reporting this so the reserved bank can hold and not decrease the interest rate. A lot of people are suffering and that's not right
You know everybody keeps talking about the interest rates. What about the poor renters who will suffer for the rest of there days. I bet the rents won't go down. It's all about the majorities not the minorities. Always remember the political parties only want your vote. It's a Power thing and big business.
We want house prices to go down. No everyone owns 12 penthouses in Sydney like you Karl.
Exactly!
I'm from NZ, but I imagine things are similar. My house was worth $450k when I bought it 20 years ago. (Central Auckland.) I earned $90k. So a 5:1 ratio exactly. Now it's worth $1.4m but there's no way I could earn $300k, and certainly not the "me" of 20 years ago. Young people have been sold a dummy.
President Trump will make housing more expensive with his tariffs
If he imposes tarrifs on australian goods, the economy will sink... On another note, I heard on the news 3M households are facing homelessness. The perfect storm
I'm a realtor and I can say this is not correct. You are reporting this so the reserved bank can hold and not decrease the interest rate. A lot of people are suffering and that's not right
Not happy with vic
Don't worry guys. Trump will put an end to all of this madness and it stops right here right now with tariffs on Australia.
You clearly don't understand how economics works, with those crazy tariffs you would expect anything good out.
@@brianoduor706 Try not to take social media too seriously. I will only add to the stress we are all feeling. 😁
Innocent Australian on the streets
Regional market prices. In Sydney places like Penrith $900k is still way under the median price. $1.47 million where this data come from?
Regional Victoria will BOOM
Where is HOBART?!!! Seriously one the worst for housing and the news still cannot include it into a simple report!!!@
Adelaide is a bubble
You know everybody keeps talking about the interest rates. What about the poor renters who will suffer for the rest of there days. I bet the rents won't go down. It's all about the majorities not the minorities. Always remember the political parties only want your vote. It's a Power thing and big business.
Wooo get a big dog loan what’s the worst they can do take it back.
No surprise Melbourne prices have fallen, Jacinta has stuffed a once great city
How are falling prices necessarily a bad thing? I bet a lot of young families in Vic welcome them.
Greed to the MAX!
Illegal immigrants being deported can take their children with them no separation m.a.g.a 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Go woke go broke m.a.g.a california 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Nice work. I assume you get paid by the emoji?