Interesting how your guest never once mentioned how the government should/could reduce or better control immigration to ensure demand doesn't continue to outstrip supply further worsening the current HOUSING CRISIS. I'm sure it's got nothing to do with his business model relying heavily on ever increasing residential house prices.
@gerardczosnowski89162 ай бұрын
But immigration is baked in because of the low birth rates. Otherwise this massive generation of boomers that didn't hold up their end of the bargain and raise enough children will consume everything. All our tax dollars and more wouldn't sustain their retirement. We need migrants. Im not going to be charged an 80% tax rate to fund boomers when we can halve the tax rate by sharing the burden with migrants. If the boomers had 3 kids each to fund their retirement, we would still have to build those houses. At least the migrants dont have to be raised and educated. It's a bargain.
@linmal2242Ай бұрын
And no State govt has built a water supply dam in 50 years or more. So that impinges on the creation of new towns/cities so every body gets packed into SYD/MEL/BRI high rises.!
@linmal2242Ай бұрын
All thanks to stupid Bob Brown and his Tassies dams conniption !
@PuneethBedreАй бұрын
Adelaide being as expensive as San Francisco is an absolute joke. SAN FRANCISCO being the Silicon Valley of the world, it would be safe assumption that many if not most are making good money
@greggoldberg15188 күн бұрын
people make good money in Australia... using property to fiscally feed on suffering caused by a housing crisis obviously.
@MGB6182 ай бұрын
Ridiculous our Property Prices, it’s really a Ponzi Scheme in Australia we don’t manufacture anything anymore, so the Government has made housing an attractive investment goes back to Johnny Howard with introducing negative gearing. There should be policies that truly support for one house for one ownership, because one needs a place to live. In Australia it’s purely disgraceful why the average worker, like a shop assistant working in a Supermarket can’t afford a house to live in close to their work.
@linmal2242Ай бұрын
No, we just have to build new cities/towns ! State govts won't release more land or create more towns because they have not built any water supply dams in 50odd years. You can thank that dickhead Bob Brown and his stupid Franklin River protest which has frightened ANY govt off ever building a new pondage !
@simongaviri90042 ай бұрын
This is the best presentation I’ve heard. Learn a lot from it too👍WA
@lmvcnn2 ай бұрын
Sydney is the top international destination for development, however, the' hot spot ' are always too expensive for the majority.
@Fishingadd1ction2 ай бұрын
Good discussion, but very conservative views in alignment with RBA rhetoric. The tariffs on China may have a deflationary impact on Australia’s economy forcing the hand on interest rates. Let’s be honest, we are already in a technical recession. If it were not for the federal government propping up the economy through unjustified expansion of the public service, the numbers would show this. The longer we keep playing the game, the deeper the recession is going to be. A GDP growth rate of .1% qoq is a manufactured result which labor will hold till election time.
@Dru-v9u2 ай бұрын
2025 great now I’ll never own shit even worse than 2024😂😂 fucked
@linmal2242Ай бұрын
No, just look for alternatives; LMI's and LPT's freely available on the stockmarket in easy to nibble bites ! Do your homework first. All freely available if you look for it !
@jimm33792 ай бұрын
Perth resi up 25%, Brisbane & Adelaide up 15%+, but yeah pretty forgettable year😂. FFS, has this guy been hiding under a rock?? Like a lot of “experts”, he’s probably not looking too far beyond Vaucluse & Toorak.
@Dan-jt9jiАй бұрын
3 million homes on the brink defaulting
@DavidLockett-x4b2 ай бұрын
What goes up must come down.
@drakelar19572 ай бұрын
Lmao, property markets are not like gravity, mate.
@V6turbo2 ай бұрын
Bro, both the government and the RBA factor in 2-3% inflation yearly. Houses follow that trend.
@AB-gu9ui2 ай бұрын
check the house prices in 1920 in australia, have come down in the last 100 years?
@chorcor888Ай бұрын
Sky rocket 🚀!
@rohitkhurana3662 ай бұрын
The real estate would be 25x in 2025 and the wages would remain the same 😂. Don’t laugh. The new immigrants are/won’t be the poor ones! These would be ultra rich to solve the Australian problem !! Ha ha ha. You see !! 😂 ! Did you see ?? 😂🎉
@damustafa24162 ай бұрын
Serious issues with the sound on this..
@frankpost82962 ай бұрын
Stop renting houses that you don't own
@linmal2242Ай бұрын
Property prices(not 'value')
@linmal2242Ай бұрын
....in Sydney is like Hong Kong, constrained by its land area; mostly built out so has to go up !
@adamslijderink33062 ай бұрын
Bahahahaha.. government won’t help shit
@SafathN2 ай бұрын
Did you guys realize the camera is facing your cheeks ?