You have no idea.

If interest rates rise ???? Fkg idiot

You never studied economics.

The negative gearing scam was designed by the World Economic Forum to enslave average young Australians and make the politicians and their families and rich mates even richer. And we all fell for it. Pretty soon the American corporate billionaires will own Australia, and ordinary Australians will be landless, homeless, and jobless peasants, which was the plan all along. It is the same scam that has been applied by governments in the UK and the USA, and possibly in other so called democratic countries. You will own nothing and be at their mercy. It is quite a revolutionary idea if you are crazy enough to fall for it and enjoy being poor.

Rent is a key factor in widening the gap between the rich and the poor in Australia. People who came early usually have multiple properties and can live off the rent. It is time to introduce a property holding tax like the United States, especially for overseas investors.

Stop mass immigration!

Tent Cities springing up all over the place, any update on that you wankers.

1000000 immigrant coming in a lot of them with pockets full of cash, house prices want go down.

Brisbane is the new Sydney and will likely become one of the best cities to live in Australia. Being the gateway to the GC and SC. With new infrastructure for the Olympics. Wait till 2032 1.5m + Median house price and beyond. More in upper social suburbs. Ipswich, Logan and other regional areas will see gains too.

Okay mate have you got a book to flog #martin north

Perth property market is about to crash, hold buying house in perth

Sounds like you are very disappointed about housing price is losing momentum to increase. Isn't it a good thing for average income family?????

Great insight!

Great update Tim. Thanks for posting.

Interesting charts!

I am surprised that the consumer sentiment now is significantly lower than what it was during 1995-2007 although both the unemployment rate and cash rate were obviously higher during 1995-2007

I love these updates. Thanks.

It’s a game of hot potato. $1.4m median house value in SYD is crazy. It makes me think of all the debt out there. How many dodgy mortgages are out there, especially via the broker channel. Everyone is rich on paper but what do you do when it comes time to realise your gains? You’re force to move further away from the most desirable areas or downsize into a unit. You cash out equity to buy a new car and go on a holiday but you are in the same position. I’ll tell you who are the real winner in this game. The government, property developers, real estate agents, and mortgage brokers. Think about it. $1,400,000 sale price 4.5% stamp duty - $63,000 - to transfer the title 3% sale comm to the agent - $42,000 assume you borrow 100% 0.65% upfront comm to the broker - $9,100 0.30% trail commission for the broker each year for the life of the loan - $4,200 year 1 Assume you hold the property for 5 years that’s $19,500 in total trail commission. Over a 25 year period that’s $67,000 Now calculate the total interest payable over a 25 year period at say 5% (principal and interest loan) $1,055,278 in interest paid Not to mention all the lost rent you could have collected the entire time. 😂😂😂🤡🤡🤡

It’s a game of hot potato. $1.4m median house value in SYD is crazy. It makes me think of all the debt out there. How many dodgy mortgages are out there, especially via the broker channel. Everyone is rich on paper but what do you do when it comes time to realise your gains? You’re force to move further away from the most desirable areas or downsize into a unit. You cash out equity to buy a new car and go on a holiday but you are in the same position. I’ll tell you who are the real winner in this game. The government, property developers, real estate agents, and mortgage brokers. Think about it. $1,400,000 sale price 4.5% stamp duty - $63,000 - to transfer the title 3% sale comm to the agent - $42,000 assume you borrow 100% 0.65% upfront comm to the broker - $9,100 0.30% trail commission for the broker each year for the life of the loan - $4,200 year 1 Assume you hold the property for 5 years that’s $19,500 in total trail commission. Over a 25 year period that’s $67,000 Now calculate the total interest payable over a 25 year period at say 5% (principal and interest loan) $1,055,278 in interest paid Not to mention the lost opportunity to charge rent this entire time if you had a tenant. 😂😂😂🤡🤡🤡

Go Adelaide!

Luckily i choose to buy a unit than a house, high negative gearing is not good option during recession.🤫

The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future..

If the difference between median wages and median house prices remains this large, then Australia is going to see some really ugly social changes in the near future. So many horrible things in our society stem from this one statistic.

ten years ago $500,000 AUD Brisbane Australia property housing market could buy you a house to live in . But now is very hard to buy a house with $500,000 AUD.

The Australian housing market has been absolutely destroyed by terrible monetary policy since Covid, this is a complete lie that home prices have risen as they have literally been only flat lining. Just wait until rates start getting cut and the global economy releases that we are now only running on the fumes of the largest stimulus package in history. Deflation comes next, never believe your media including core logic. Do your own research!

units beating houses in gains.... more people investing in low hanging fruit, I dont know what this means but it cant be good.

Nice update.

In new south Wales Lithgow and penrith and whalan and bidwill and emerton and shalvey and mt druitt need immigrants to improve the place

What about the 1000 unsold luxury apartments on the Gold Coast?

Perth has the potential to fall 20-30% in next few years. Demand is now softening and vendors not getting what they are asking. Economists are predicting rocky days for the mining sector. This is disaster for Perth. I’m in the process of getting out before it plummets!

Brisbane doesn't have any Infrastructure. Everywhere is crowded. It's a mess

QLD land tax changes now effective! This should chase out a few investors and let property return to its intended purpose: homes. With the Fed Gov to pocket $2 billion by wiping national investor concessions I think these are next!

QLD land tax changes now effective! This should chase out a few interstate and foreign investors and let property return to its intended purpose: homes. Likely national investor incentives will be next!

Greed has taken over the housing market where is thousands of young people coming up going to stay they can’t afford to buy so tents is the alternative or stay with there parents for decades ,

Inflation is killing this nation

Markets rise and fall. Why be mad?

I’m mad as hell!!!

Thank you. Solid analysis as always.

Perth is a lovely place to live but part of that was you could afford a mortgage and kids. Not sure how it will go now ..

Literally Perth and Australia as a whole is completely ridiculous. I had a house that is under offer on my street for 850k when the house next to it was selling for 430k only 5 years ago. It's absolutely ridiculous. Overseas and overeast buyers have completely inflated the market. A single story house on another street alot smaller than mine sold for 1.05m. You know what fine I'll list my house on the market then if people can inflate and charge what they want 20 million dollars. Let's see who will buy it then. You can literally buy 3-4 houses in other countries for what Australians are paying. Don't tell me about (not enough land) WA is the size of 5 texases. Also don't tell me that other places are facing this too. Other than Canada and the UK which are Commonwealth countries....Went back to the US (cause I have family and use to live there) and some people are making the same money they do in Australia and a house costs the 1/3 of what it costs in this expensive nightmare. Why Perth? Perth is beautiful don't get me wrong beaches are beautiful but the nightlife and things to do in winter sucks ass here nothing to do when their is loads of things to do in other nations. Get screwed. Thanks for turning Perth into a boring and expensive nightmare

You really could sum it very quickly using a close up of a recent large deuce.

This data is absolute nonsense compared to the reality.

Perth has fewer houses for sale than ever before in it's entire history. And thanks to the mining boom more people keep pouring in. Expect higher prices.

This guy from corelogic should be ashamed to present..given the homelessness that currently exists.. Its truly a national disgrace, and this guy thinks its great what's happening with house prices.. Shame on you mate..

IT would be great if RITA could reduce building costs and produce more dwellings?

Your video great but something problem with your channel

Good news at the current trajectory 85% of us will be homeless in 6 years. But the land barons will be very VERY rich. Exactly as intended.

Kojonup Western Australia properties under $150k nice looking growing town just under two hour drive to Perth

At the current rate, it seems safe to assume (since rents reflect housing costs and immigration) that in the next 3 years, everyone in a capital city and on a median wage or below will be sharing, or homeless.

Rates are going up for sure