The Truth About Apartment Prices Rising
13:31
Melbourne Property Market Warning
11:25
Пікірлер
@glasscoau
@glasscoau 8 сағат бұрын
Great watching 👍
@astana6448
@astana6448 2 күн бұрын
Your title picture looks so bad
@trg9765
@trg9765 3 күн бұрын
This is why NG MUST GO
@MattSamson83
@MattSamson83 3 күн бұрын
Negative gearing is the equivalent of government investment in housing. If they get rid of it, I doubt any of the savings will go towards the government directly investing into housing. It'll be used for other unproductive purposes.
@viniciussrs100
@viniciussrs100 3 күн бұрын
PUT MONEY INTO YOUR SUPER GUYS, no bs from greed real estate agents, no stress from tenants trashing the property... no concerns about monetary/fiscal policies, insurance, maintenance, etc... most of top tier super yield more than 8%... this more than double in 10y, rustle and stress free
@rohanhall-dq9ij
@rohanhall-dq9ij 4 күн бұрын
If interest rate do drop only the people who can afford will take advantage of it, and people looking for the 3rd or 4th property investment.
@aron.gortman
@aron.gortman 2 күн бұрын
Depends on what happens to NG and CGT.
@JatinderSingh-d5t
@JatinderSingh-d5t 4 күн бұрын
Buy buy buy Interest going down 😂😂 House prices are going up to moon ..
@bradwatson8763
@bradwatson8763 4 күн бұрын
Mass immigration by cashed up buyers are a very major problem for Australia and Australians. Immigration must stop immediately. Our government is creating a property pyramid scheme. Immigrants must be very careful buying in this pyramid scheme because they will get caught out. Property prices are 13 x the average incomes which is 400% higher than what is financially viable. People will eventually just quit their jobs and leave this country. Because it’s unsustainable.
@Hunty49
@Hunty49 4 күн бұрын
Banks do what banks do to profit for themselves. They don't care about you, you are the product that makes them money for their shareholders. Property prices are rising because of the law of supply and demand. Mass immigration of 750,000 immigrants in the last year while we make 165,000 houses per year. Low supply and high demand has created the housing boom. Even "high" interest rates couldn't even slow demand for houses. Will interest rates drop? Of course. But the economy isn't weak because these immigrants also use goods and services, which is keeping inflation high. The only thing that could weaken the economy is when the immigrants can't afford to live in Australia and decide to leave. Depopulating is what we need, but it will trigger a recession because immigration is a bandaid on a stab wound for the economy and once you rip it off, it will bleed out.
@JungleBJJTeam
@JungleBJJTeam 4 күн бұрын
Your a buyer's agent your never going to say it will go down when we get Deflation as a result of rate cuts explain how that will raise prices? And another thing we haven't got enough property is a fallacy too much immigration has proped up a Ponzi scheme.
@troubleabout5137
@troubleabout5137 4 күн бұрын
Stop overseas investments in housing
@MisterX-er9si
@MisterX-er9si 4 күн бұрын
Some banks reduced the interest rate for fixed mortgages to align with variable rates and nothing more. Most people have variable rate mortgages. Even if RBA reduces interest rate, it will not be twice or threee time lower, the maximum they will go it is going to be 0.5% which is nothing..
@aron.gortman
@aron.gortman 2 күн бұрын
Rates will go down to 3-4% or so. We won't see the insane covid free money craze for a while.
@captainkesh
@captainkesh 4 күн бұрын
What does it mean? Asset price inflation, services inflation, core inflation back on the agenda. Stagflation. The worst scenario to be in. Growing wealth disparity and all kinds of social problems.
@mikerowe3849
@mikerowe3849 4 күн бұрын
Yes it must go!
@Trying391
@Trying391 5 күн бұрын
If there dropping rates It means no jobs no income no money no investors 😂
@aron.gortman
@aron.gortman 2 күн бұрын
The only way to make money in this country is getting in on the property ponzi.
@zenmachine50
@zenmachine50 5 күн бұрын
property prices used to be about 4x the average wage, they are now 13x real wages. way over valued. even if interest rates were to drop I still wouldn't be paying 14x the average wage for a property
@Peter-zv4dx
@Peter-zv4dx 5 күн бұрын
Its ok .. keep renting
@Garden-offgrid
@Garden-offgrid 4 күн бұрын
Keep renting if you wish. It’ll be 50x the average wage eventually. The sooner you do it the better off you’ll be in 10/20 years time. Imagine not already having investment properties when the rate cutting cycle starts🤯
@lengerer
@lengerer 4 күн бұрын
Depends greatly on your figures. You're using min wage and maximum house price. My employees in Melbourne in construction earn around 100k. 130k with overtime. A double story townhouse in Melbourne costs 650k. That's 6x wage. Now if you use a McDonald's employee earning 50k and a inner suburb house worth 1.5 million your numbers are terrible. Don't fudge the numbers in your favour
@Garden-offgrid
@Garden-offgrid 4 күн бұрын
@@lengerer exactly. They will always continue to play victim though…. Just wait until their theories calculate st 50x, they will hate property owners a lot more 😂
@bradwatson8763
@bradwatson8763 4 күн бұрын
@@lengerersounds like you’re inflating figures buddy? As a tradie in Sydney plumber my highest income earner for a financial year was $75k all these people saying tradies are earning over 100k+ is talk-in out their arse! Subbies might be making 100k on the books but they are paying gst vehicles and insurances. Only government workers are earning 6 figures a year, everyone else is getting screwed! We have immigrants coming in with $3.5 million given to them by their governments plus Australian immigration right. How do I know this ? I sold new homes to many immigrants from china India and Nepal and they were all immigrants who had $3.5 million usd in cash. This is the problem they aren’t buying 1 property they were buying 5-6 properties and most of them were house and granny flat. It’s an invasion not immigration!
@stephen3966
@stephen3966 5 күн бұрын
Also housing demand is dynamic. Unlike food is essential, when property prices are in a downturn, there will be much less demand for buying houses. This observation is seen during the recent property bubble burst in China and Hong Kong.
@rohanhall-dq9ij
@rohanhall-dq9ij 4 күн бұрын
Except there is rarely if any downturns in house prices in Australia, and at most a would be 5 to 10% downturn followed shortly there after by 50% gain which occurred during the Covid period.
@stephen3966
@stephen3966 5 күн бұрын
The graph of interest rate relative to house price is deceiving as always there is other external cause that shift the house price. This is called cofounding factors. One cannot tell which factor comes first.
@Soundmaster91
@Soundmaster91 5 күн бұрын
Yeah he said basically this in the video. Did you even listen to what he said?!
@Eve_Marian
@Eve_Marian 5 күн бұрын
Does it bother you that house prices have tripled in the last 18 years?
@Eve_Marian
@Eve_Marian 5 күн бұрын
Is this good or bad news?
@harrytran7180
@harrytran7180 5 күн бұрын
Thanks for sharing the true informations✌️
@crazyham
@crazyham 5 күн бұрын
My friend, you can drop the "s" at the end of Informations. Information still works for lots of information 🙏 This comment is meant with good intention. Cheers from Emerald Victoria 🇦🇺🙏🇦🇺 (Thanks for sharing true information) would be a suitable way to express that.
@matteobombonato5840
@matteobombonato5840 5 күн бұрын
Why did you delete my comment in your previous video mate. your GREEDY and SCAREMONGERING people. SHAME ON YOU MATE !!!
@victoriacorcoran1258
@victoriacorcoran1258 5 күн бұрын
Higher for longer mate, deposit rates quite competitive this week.
@ketoman4057
@ketoman4057 5 күн бұрын
There isnt a shortage in some Melbourne subsurbs like Essendon where property prices are relatively low compared to other cities....
@crazyham
@crazyham 5 күн бұрын
Absolutely. It is a very dynamic system yet of course if you are in for the long haul then you will experience something close to the average property value growth in Australia more broadly. When certain underperforming areas stay too low for too long they eventually become an attractive/ affordable entry point into the market and as more people follow suit, suddenly that area Booms. Like Perth, W.A for example.
@Jake.steve3658
@Jake.steve3658 5 күн бұрын
Stop trying to prop up prices . Interest rates will remain high for long time average rates of 6.5% for the next 5 years.
@crazyham
@crazyham 5 күн бұрын
Who knows? Stop suggesting that someone is trying to do something that they may not be trying to do. This channel has No Influence on the RBA lol
@robguz1007
@robguz1007 4 күн бұрын
mate you don't know either 😂
@rohanhall-dq9ij
@rohanhall-dq9ij 4 күн бұрын
Remember guys, people that run an investment channel like this guy never want to see interest rates rise or their property values fall.. It's not good for their investment returns.. That's pretty obvious isn't it.
@aron.gortman
@aron.gortman 2 күн бұрын
They are going down in 2025.
@crazyham
@crazyham 2 күн бұрын
@@aron.gortman We don't know the future ofcourse but I tend to agree with you that it's likely the cash rate will be lowered soon.
@Keepmywifesnameoutyafucknmouth
@Keepmywifesnameoutyafucknmouth 5 күн бұрын
I love this chocolate face
@asifulzead
@asifulzead 5 күн бұрын
Banks cant afford tp have a housing crash maybe they are predicting a pressure
@srinathKC
@srinathKC 5 күн бұрын
Interest rates reduced for fixed rates not for variable rates. What is the use.😅
@Beat.Wonderful
@Beat.Wonderful 5 күн бұрын
They reduce fixed first so they can lock in uneducated people in at that rate. Eventually variable will be lower than the fixed some locked themselves into 😂
@rabidsminions2079
@rabidsminions2079 5 күн бұрын
Fixed rates change first due to competition, the banks know rates will come down in the near future.
@crazyham
@crazyham 5 күн бұрын
​@@rabidsminions2079Spot On 💪
@moak08
@moak08 5 күн бұрын
You have to be stupid to lock in now
@zenmachine50
@zenmachine50 5 күн бұрын
sounds like BS to me...
@sammyjones3500
@sammyjones3500 5 күн бұрын
You're forgetting the flowons from investment property value. They reduce and bring the whole property market values down.
@Tiago-qv9lr
@Tiago-qv9lr 7 күн бұрын
Are you listening to this PK??
@peterforsyth962
@peterforsyth962 7 күн бұрын
Stop spruking and get a real job. The Property Ponzi is close to the end🎉🎉🎉🎉🎉🎉🎉🎉🎉
@zenmachine50
@zenmachine50 7 күн бұрын
do the numbers folks. westpac has some great mortgage calculators on it's site. Price is 13 x average income. forty years to get a $200,000 or more deposit. People starving to pay interest on loans. the fact is despite the shortage of properties and all the tax perks nobody can afford to pay the prices vendors are asking. tick tick tick.... just a matter of time
@RobertChaplin-m7b
@RobertChaplin-m7b 8 күн бұрын
What worries me the most is the level of actual intelligence being displayed by our governing politicians. Simple self preservation for the voting needs to retain government at the next election seems to be the only obvious answer to Labor’s current thinking and to me. So Labor thinkers please I want, perhaps need, some factual, intelligent and relative help here please.
@HelloMyMan1
@HelloMyMan1 9 күн бұрын
Guys think about it, Population growth is because of immigrants coming in. ITS BECAUSE OF IMMIGRATION our property prices are sky rocketing, we've got to stop immigration
@actualfacts1234-m1r
@actualfacts1234-m1r 9 күн бұрын
Now if he also owns other investments producing investment income he can claim the losses from the first investment against that investment income as well, but his salary is not investment income so is it fair that he can claim losses against that income ? If the government wanted to crack down on negative gearing surely excluding salary income would make sense and not investment income from other investments.
@vidabiukaghaee8385
@vidabiukaghaee8385 9 күн бұрын
I’m hate you start with negative announcement …. I’m actually unfollowing this kind of channels 😔
@markthompson2580
@markthompson2580 11 күн бұрын
we need to start stopping immigration so we have enough housing for Australians
@markhayleybeadon
@markhayleybeadon 11 күн бұрын
Anti money laundering rules don't apply to real estate, accountants and lawyers. There's ya problem.
@Brunomills
@Brunomills 11 күн бұрын
What about considering those that have multiple investment property, might sell a few. Therefore distributing to those that are getting their first property....
@peterforsyth962
@peterforsyth962 11 күн бұрын
Another property spruking CLOWN...biased nonsense....alarmist trying to scare new owners signing up as Lifetime Bankslaves.. Wait, there will be a significant reset of ATO Tax benefits!!! Shameful 🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🎉🎉🎉🎉🎉🧨🧨🧨
@joekeegan-yc4nm
@joekeegan-yc4nm 11 күн бұрын
So nothing has changed in real estate, some loose some win and some miss out same same.
@exploringoptionsabroad
@exploringoptionsabroad 11 күн бұрын
Quick built houses will always suffer longterm maintenance, riddled with issues. Entire suburbs of that do exist already. Every time when the state initiates these phases, we can see that 2 weeks after the prices rise for the exact amount. The stampduty increases everytime. Who is the winner? Who is the loooooooser?
@philipchan4871
@philipchan4871 11 күн бұрын
We have too many badly built overpriced apartments in Sydney. It is a supply of affordable housing and affordability to keep your nest issues.
@trythis2821
@trythis2821 11 күн бұрын
Why the scary headline talking about property market storm then go on to say how you believe house prices are going to rise. Most important points to me are immigration is high, building approvals are down, foreigners are allowed to buy Australian residential houses. If interest rates remain on hold or come down, it is very unlikely prices are going to crash. Victoria is a bit different due to land tax cash grab to prop up government mismanagement.
@InfinityIsland2203
@InfinityIsland2203 11 күн бұрын
The guy is a habitual click baiter
@basicattentionwoman5787
@basicattentionwoman5787 11 күн бұрын
Because a year ago the interest went up
@madhukyatham
@madhukyatham 11 күн бұрын
Hey Nero, if you know more about property market, Just tell me one thing when exactly nterest rates gonna go down? You , PK and Ravi and all other youtubers just read the articles from someone published, show us your own analysis and the data you collected. Please 😂😂😂😂
@manflynil9751
@manflynil9751 12 күн бұрын
The average house price is $959000. To show how much the price must increase in one year just to break even if the property is sold, using the average Aussie house price of $959,000 with a 10% deposit, factoring in opportunity cost of deposit, mortgage insurance, maintenance, stamp duty and annual interest only payment at 6% of principle, council rates and home insurance the home owner will have an annual cost of around $100,000 a year. Which means that in order to sell the house, including sales commission, conveyancing and marketing of say 3.5% of home price, the house would need to rise in value in the first year alone by roughly $140,000 to achieve a selling price $1,100,000 just to break even. Does that sound like a great investment to you?
@InfinityIsland2203
@InfinityIsland2203 11 күн бұрын
You make a good point but one important factor in house price growth since Labor is foreign buyers who don't have cadhflow problems.
@manflynil9751
@manflynil9751 11 күн бұрын
@@InfinityIsland2203 that's true. But if they are cash buyers, we can calculate the costs of ownership simply by replacing mortgage and mortgage insurance with opportunity cost of capital. So compared to $959000 cash left in the bank at say 5% p.a, home ownership is still costing $47545 a year right off the bat excluding the other costs that add roughly 3% of the home value p.a. That means that the property must rise in value at least 8 or 9% , compounding , a year just to break even, compared to ETFs which may yield say 7% net. So still a dicey investment with that amount of money IMO.
@JT-su7fd
@JT-su7fd 7 күн бұрын
It makes a lot of sense to me (if the asset is held over the long term, and it is bought smart and at a good price). Factor in rent + tax deductions, and the ability to leverage principal to buy the property in the first place, and then recycle debt+deposit+equity to do it over and over again. I think that property is a great investment if you can see the big picture.
@manflynil9751
@manflynil9751 12 күн бұрын
"Household Wealth" , I take it that the definition includes the expected price of householders' property? Which means that household wealth would of course rise as mortgages are paid down going forward. But how do we reconcile Household Wealth with Australia having the world's highest Household Debt per capita? Because taking these stats at face value becomes meaningless if there are no clear definitions and links between important statistics.
@Jake.steve3658
@Jake.steve3658 12 күн бұрын
Rubbish channel. He wants yr views. When prices go up so much why u expect more growth in a bubble . . Fear factor. That's what they want