"Bulletproof Properties?" Mark Bouris & Damien Cooley

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Күн бұрын

Пікірлер: 79

@chinoaussieleiro 3 ай бұрын

Interesting discussion. But let’s agree on something: the Australian housing market is no longer a market. It’s a gigantic government sanctioned ponzi scheme. We all know the relentless price growth is only happening because every time natural market forces threaten to bring prices down, government intervenes to juice it up more. If it wasn’t for government intervention and distortions, a correction would have already happened.

@Maxkil 3 ай бұрын

This is a great conversation

@maheah101 3 ай бұрын

The bullet proof property market of Perth fell massively in 2017-18. Prices went down by almost 200k. They both spoke like typical agents. There are suburbs in Brisbane right now where agents have reduced asking prices from 20k to 70k.

@williamcrossan9333 3 ай бұрын

Based on the conversation, seems like rates need to stay where they are, or even higher. People have too much money, compared to the available goods and services.

@mattsmith1433 3 ай бұрын

"3 kids in private school and a few houses" and then says if interest rates go up then things will be tight, lol. I wouldn't say that things are tight if your sending your kids to private school and have multiple houses.

@jamieb7799 3 ай бұрын

It’s all relative to your situation

@geoffvalero3516 3 ай бұрын

Highly leveraged..keep up with the Jones' types

@chrisfuller3695 3 ай бұрын

Hi Could you please have a conversation about Wollongong ? Thankyou Chris

@vincentcacciola7161 3 ай бұрын

Get this federal politicians have more than half a billion dollars in property assets that doesn't take into account state politicians and council bludgers that tells you why property prices won't come down

@JC-pn2ur 3 ай бұрын

Property market is booming, it's only an issue for those who don't already own property. If you are a boomer and bought property back in the day then you are laughing and living the good life.

@timn6864 3 ай бұрын

It's obvious that net migration is driving real estate scarcity.. when a government inevitably has to turn the migration taps off, how much life does the market have left in it

@MrBruster78 3 ай бұрын

Highly doubt he was responsible for selling the property.. people will pay on their needs and budget.. not because of the man holding the hammer. This was just an advertising video

@erkanV4s 3 ай бұрын

my apartment is melbourne isnt selling, not even one offer in 6 months, its sub $500K!. Tell the sydney siders to buy here

@joekeegan-yc4nm 3 ай бұрын

Love your straight forwardness 💪

@peterforsyth962 3 ай бұрын

WeChatters long since moved on from Melbourne/Victoria to greener (cash) investing pastures to the Nth. N.B. Jacinta Allen continues to promote N.S.W. and Qld. by adding illogical TAXES designed to 'foot the bill' from a decade plus of financial mismanagement!!!!! Suggest you sell up while you can and move on?????

@Ravioligreen180b 3 ай бұрын

Houses in Brisbane up for rent for weeks to months. My son negotiated a $150 a week decrease to rent the house. Of course the real estate and owner refused. Three weeks later they rang him and accepted the decrease in rent. Since then, I've heard others negotiating a decrease in rent before moving in and they are being accepted. Things are changing. You can dictate the market if your circumstances allow you time to negotiate

@joekeegan-yc4nm 3 ай бұрын

@@Ravioligreen180b What a good news story to read on this sunny morning.

@chookie131 3 ай бұрын

@@Ravioligreen180b what suburb?

@computerroom-gj5in 3 ай бұрын

talking about houses like its warren buffet..thats the problem

@bradandrewmusic9520 3 ай бұрын

With respect, I'm not sure how a real estate professional could think for a second that interest rates are going to come down. It doesnt take much reading about the economy to understand its not going to get better for a long time. Unemployment and interest rate rises will much sooner provide an imapct on house pricing before any possibility of a rates coming down will. Australia is very celarly in for a rough ride in the years to come.

@satwindersaini4522 2 ай бұрын

"Abolishing negative gearing, reforming capital gains tax, and banning foreign buyers from purchasing residential property while encouraging them to invest in commercial property could help balance the housing market. Providing tax incentives for first-home buyers on their mortgage interest payments for the first ten years (similar to the U.S. housing policy) would promote home ownership, reduce demand for rental properties, and lessen the burden on taxpayers in the form of rental assistance. Additionally, 80% of newly released land should be allocated to first-home buyers."

@g-funk484 3 ай бұрын

BEST AGENT = RIPPED OF THE BUYER

@stephencollis5391 3 ай бұрын

Well....obviously.A real estate agent is a paid customer of the vendor. Have to have both buyers and vendors obviously but a real estate agents job is to get the best possible price for their vendor

@chookie131 3 ай бұрын

That’s his job bone head

@Zav19844 3 ай бұрын

I wonder if you’d be saying that if you were the seller… my guess is you’d be thanking the agent for doing their job.

@g-funk484 3 ай бұрын

@@Zav19844 no im not a piece of shit, even mark said he got above what he thought was the value, thats called manipulation now imagine being the buyers and seeing this video

@reddead2067 3 ай бұрын

We are are high income household. Around $450k HHI. $8 million in housing assets, $4 million in home loans. Things are tight with the rates so high. A few rate cuts would be nice.

@joekeegan-yc4nm 3 ай бұрын

You are doing well, shhh...

@bluejayfabrications2216 3 ай бұрын

@@joekeegan-yc4nmyeah they are And I could be wrong but just back of the envelope numbers at 6% that ruffly 250k in interest That more than 50% of household income going to interest nothing more

@joekeegan-yc4nm 3 ай бұрын

@@bluejayfabrications2216 So, they will be fine went prices drop or stay steady, even for years if they don't sell?

@leonie563 3 ай бұрын

@@bluejayfabrications2216yeah but it's parked in Trusts, Chain's probably Intetest Only on a Bank debt agreement riding 30-90 days overdue but Banks waive it through, clip ticket later

@pc4me67 3 ай бұрын

4 investment properties perhaps covers a fair bit with income... That $450k HHI doesnt include the inestment property income

@jesprile 3 ай бұрын

Canberra is best place to invest.

@rof8200 3 ай бұрын

Oh no, multi million dollar houses are slowing a little bit 😅

@robreynolds6435 3 ай бұрын

Someone got a contra deal for his family with this spot...

@brentonlett3417 3 ай бұрын

@markbouris how does this become about cryptocurrency?

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