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Old 15-05-2020, 07:47 AM   #981
Polyal
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Default Re: Australia housing bubble

Quote:
Originally Posted by Citroënbender View Post
Bring it on. I’ll buy two there.
Not just there but everywhere.

Australia is over valued and the housing market has been rorted for a long time. Let it crash and burn.

At least Govco didn't have to stuff around with neg gearing, they will be thankful for that. Or is it a time to smack it on the head while its down.... at least start a phase out plan.

Maybe people can actually invest in shares and the things that grow the economy and have risk and not have average people on average incomes with multiple houses that cant take a blip in the economy. Housing investment has been a protected species which IMO has held us back.

Ive stocked up on popcorn.
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