Australian Property Market Update March 2019 - not bottomed yet

[@arthurtreibs4174]

Roger, you are a class act in an industry littered with superficiality, amateurism and rent seeking. Strong complements for your level of research and intellect!

[@SevenCostanza]

finally an economist i feel i can trust when he talks.... others seem like the economy is a product theyre trying to sell to me

[@MoneyHarmonyJourney]

One of the better vidoes I have seen on the subject. Great work.

[@GemCapitalAdelaide]

Thanks for your comment

[@chrish9155]

Roger has a clear logic thinking. Well explained!

[@GemCapitalAdelaide]

Thanks for your comment

[@alanfurlong-drummer4419]

Look at Ireland’s example 2006 onwards....Australia is following the same process.

[@meninatym435]

Yes, History is gold!

[@bloxband2882]

I both agree and and disagree about your comment on “tradies”. A licensed electrician or plumber will always have work and don’t rely solely on construction as they fall into the service and maintenance sector. Electrical in particular is so broad and in demand. From my personal experience working in electrical, construction sites in Sydney don’t actually have many tradesman but more labourers, backpackers, 457 visa workers (unlicensed tradies).

[@rockonthelough5417]

They may but how much work and at what price?

[@barryetherton4889]

People have to buy a house for the right reasons, to live in. Not to make money from.

[@wagnessfletcher]

Well said and very true

[@maxlatour7912]

We haven't even had an official rate increase from the RBA for how long now?????.... Just wait for that to happen....shit will hit the fan

[@harpreetkasana9863]

There is a one more issue which no one talks about. Lots of people booked blocks of land from developers and create a false demand. Simply The plan of these bookies is to sell that piece of land to someone who can’t buy the next stage development from developers because of over price instead he/she can pay 20k less and buy from a bookie before settlement.

[@CookieMonster-wy4qb]

I will reserve my judgement on this blokes claims he’s been predicting this since 2015 ! The only voices I kept on hearing were mike Martins, martin North , John Adams , steve Keen ! I haven’t heard anything from this bloke but I will investigate his claims ! 🤔 Apologies Roger I will add u too the names above well done ! 👍

[@starcarbonracer]

Steve keen was predicting this in 07

[@MrDaymien1]

Wow , they are still building into a property collapse sure will drive prices lower, IO loan refi looks expensive . With construction, retail and the financials under pressure insuring job losses expect more inventory because forced sales. Should be interesting with forced sales from investors unable to unload used properties to other investors once negative gearing goes . The property market will be like that beer , cascade . Rate cut and REFI `s may give some the ability to take on some more debt for spending but higher imports and energy import will gobble that up , throw some gov spending in there and we get a good measure of inflation and further slowing of the economy .

[@JimBostock]

brilliant, thank you

[@TDubya811]

What about now: 27 April 2019 today. Has it it bottom yet?

[@chrisk1903]

... Last time I heard we are in a recession on a per capita basis

[@Viralclown]

Roger that

[@Travelingman-1980]

The housing ponzi is finished

[@xxxchurch100]

As Max Keiser say repeatedly " you can't taper a ponzi scheme "

[@mgtow5336]

If property advisers and real estate agents wanted to make money with their own - why are they wasting their time and advice, when if they believed in their beliefs - acting as our saviours and taking our money.

[@chaz4609]

Must turn d' Bull on his backside seating position to shoot out a gigantic Bull fart for the housing market liftoff.

[@richardzedman1160]

Well I think houses are still well over priced they will come down a bit more yet

[@paulohara6727]

The Royal Commission into banking has put a stop to these outlandish lending practices.