Possibility: rates get cut, our dollar drops further and sends inflation higher again which will force the RBA’s hand to raise rates into slowing economy.
If RBA cuts rates anytime soon inflation will explode and RBA will be forced to raise rates again. Hopefully they have learned from the 1970's but they probably haven't.
**Inevitability. The bullwhip effect is playing out. As Michael Burry said in 2022: FED will cut, government will stimulate, and we will have another inflation spike. RBA and Australian markets are no different.
If they cut rates too soon things will be overstimulated again and inflation will re-emerge and necessitate harder treatment again. Look at the 1970s. I want to see rates higher for longer and a solid positive real interest rate net of inflation to ensure stability in our market. I don't want to see the can kicked further down the road inflating the market and making it more risky (even though I am a beneficiary of higher market prices) and more unaffordable and unfair to young Australians.
Don't confuse Asset Inflation with Consumer Inflation. Consumer inflation will slow but asset inflation will take off. The government will come in to stimulate and that money will end up in the hands of the wealthy who will need to acquire tax deductible assets. House prices will even more insane, as with the stock market.
@@patrickm6333 Well, all I see is rich people with money, coming here to retair. The westfiled in my area is always full of people during work hours. Chinese.
Property market was meant to crash during COVID pandemic and it did the complete opposite. Australia’s property market is definitely showing up the predicted trends of potential crashes 👀
Great thanks for the video But did you see the IMF HAD meetings yesterday in Australia advising the Rba to lift rates further to get control of the economy. Did you mention that from yesterday
@@Pl2045yes i noticed that but the government did do their other aspect an alter tax’s. Who know’s what’s occurring but i am more concerned about the lithium and nickel mines, big businesses closing for example Beaurepairs etc, many more to come it seem’s and iron oar maybe next to the chinese property markets/ stock exchange losses. Very shaky grounds imo
I bought in Australind in Bunbury in December last year. Bank value came in higher before settlement. The amount of competition in there and in bunbury in general is crazy. Great yields, low vacancy rates, and low stocks. Areas such as bunbury, mandurah are going up and will continue to go up despite increase last year.
I think the dwelling completion data is worse than you can imagine. I know you have dwelling approval stats as well- but coastal suburbs north of Perth have hundreds of homes started- slab laid then they stay like that for years- just not enough labour
I know this is an investor RUclips channel. However, I’m saving for first home to live in. I live in Hobart and things are stagnant. I’m wonder if we should consider interstate investment and stay renting.
Yes and 10 yrs ago on ave. A new mortage was 2 - 4 times the average yearly earning of you were on good money. In todays time we see 6-9 times. So good for ppl with money 👍👍👍👍 good for the top 5-10% . Exactly my point. Not the average australian
Affordability my friend is very different to value for " money " or fiat as we call is in 2023. None backed figures on the display of a smart device. The power goes out . U have no " money " 🤣🤣🤣
Yes thats true, but it seem’s changes to the negative gearing is coming. Big push by the green’s lately and Labor require’s the green’s votes. Highly likely they will bring it back to only new homes only imo, that would push new builds and allow younger Australians to be able to compete with those with greed in their hearts. Lot’s of mines are closing around Australia so i guess as i expect many in the retail sector will begin losing their jobs also mid year very interesting time ahead. I wouldn’t say there is a lack of supply Niro either as many have returned to their parents, and students share accomodations rather i think only investors are pushing the price’s up its fairly clear across the country hence why lately heaps of media on negative gearing is occurring imo.
Possibility: rates get cut, our dollar drops further and sends inflation higher again which will force the RBA’s hand to raise rates into slowing economy.
If RBA cuts rates anytime soon inflation will explode and RBA will be forced to raise rates again. Hopefully they have learned from the 1970's but they probably haven't.
**Inevitability.
The bullwhip effect is playing out. As Michael Burry said in 2022: FED will cut, government will stimulate, and we will have another inflation spike. RBA and Australian markets are no different.
If they cut rates too soon things will be overstimulated again and inflation will re-emerge and necessitate harder treatment again. Look at the 1970s. I want to see rates higher for longer and a solid positive real interest rate net of inflation to ensure stability in our market. I don't want to see the can kicked further down the road inflating the market and making it more risky (even though I am a beneficiary of higher market prices) and more unaffordable and unfair to young Australians.
Don't confuse Asset Inflation with Consumer Inflation.
Consumer inflation will slow but asset inflation will take off.
The government will come in to stimulate and that money will end up in the hands of the wealthy who will need to acquire tax deductible assets.
House prices will even more insane, as with the stock market.
Thanks Niro for this video which is very fact-based and clearly articulated with logic and your general advice is spot on, great work!
Thank you 👍
Economy is screwed. This Ponzi is finally about to end. Don’t be caught holding bags people.
Depends on demand, immigration is set to be high for the next few years
@@criostoirashtin11 immigrants won’t stay too long when there is no jobs. Already seeing many of the young Irish who came out returning home quickly.
Please leave Australia to make room for the rest lol
@@patrickm6333 Well, all I see is rich people with money, coming here to retair. The westfiled in my area is always full of people during work hours. Chinese.
@@lisajason111 you seem like your very intelligent 🤥
Property market was meant to crash during COVID pandemic and it did the complete opposite. Australia’s property market is definitely showing up the predicted trends of potential crashes 👀
When tho😂
Unfortunately as per your job you have to say prices will go up, no matter what
Prices have not dropped in Sydney much. I wanna buy, buy, buy in Mumbai.
the gov is negligent. 1 bd unit $700 pw 14km from syd cbd. 2bd $950pw
Qld $750 a week for 2 bedroom flat. It's the same everywhere
@@elizabethclark8552QLD is a big place.Pretty vague thing to say.Where I live in a city in north qld $600 a week can get a 3/4 bedroom house.
Great thanks for the video
But did you see the IMF HAD meetings yesterday in Australia advising the Rba to lift rates further to get control of the economy. Did you mention that from yesterday
Yet they held them on pause
@@Pl2045yes i noticed that but the government did do their other aspect an alter tax’s. Who know’s what’s occurring but i am more concerned about the lithium and nickel mines, big businesses closing for example Beaurepairs etc, many more to come it seem’s and iron oar maybe next to the chinese property markets/ stock exchange losses. Very shaky grounds imo
Great video Niro! Thanks for sharing your expertise
My pleasure. Good luck!
Happy New year mate! Great video. I might have to come back to you for round 2 soon hopefully 👍
Happy new year to you too Neville. It'd be my absolute pleasure to help you out once again.
Great advice
I bought in Australind in Bunbury in December last year. Bank value came in higher before settlement. The amount of competition in there and in bunbury in general is crazy. Great yields, low vacancy rates, and low stocks.
Areas such as bunbury, mandurah are going up and will continue to go up despite increase last year.
I hope they all see this bro
@@jessiejordan2853 couldnt care less...bro
If they cut rates and increase liquidity we are screwed.
Tax cut $15 really
Another great video.
On the waiting list for a consultation, hopefully soon.
Thank you. Stay tuned to your emails. We are opening up spots within a few days. Thank you for your patience
Yeah nice vid mate and lots of good points. Cheers
Thank you 👍
How can i contact you for advise on property investment? What is best suburb to invest now in Australia under 700k?
I think the dwelling completion data is worse than you can imagine. I know you have dwelling approval stats as well- but coastal suburbs north of Perth have hundreds of homes started- slab laid then they stay like that for years- just not enough labour
That wouldn't surprise me. Thank you for the insight
I know this is an investor RUclips channel. However, I’m saving for first home to live in. I live in Hobart and things are stagnant. I’m wonder if we should consider interstate investment and stay renting.
Qld is looking at changing laws to benefit the renter. If you do buy interstate, look up the local renters laws
Maybe reconsider your idea of 'investing'.
It's only my view, man you'll rent forever.
Just move or stay and invest in your self...
So what we learn here is only 5-10% realistically can afford to buy.
Affordability is currently at record lows. Yet prices continue to rise due to the lack of supply.
Yes and 10 yrs ago on ave. A new mortage was 2 - 4 times the average yearly earning of you were on good money. In todays time we see 6-9 times. So good for ppl with money 👍👍👍👍 good for the top 5-10% . Exactly my point. Not the average australian
Affordability my friend is very different to value for " money " or fiat as we call is in 2023. None backed figures on the display of a smart device. The power goes out . U have no " money " 🤣🤣🤣
Yes thats true, but it seem’s changes to the negative gearing is coming. Big push by the green’s lately and Labor require’s the green’s votes. Highly likely they will bring it back to only new homes only imo, that would push new builds and allow younger Australians to be able to compete with those with greed in their hearts. Lot’s of mines are closing around Australia so i guess as i expect many in the retail sector will begin losing their jobs also mid year very interesting time ahead.
I wouldn’t say there is a lack of supply Niro either as many have returned to their parents, and students share accomodations rather i think only investors are pushing the price’s up its fairly clear across the country hence why lately heaps of media on negative gearing is occurring imo.
Two words
Ponzi scheme
People like you scare people more and make them rush
Delusional