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Old 03-05-2021, 12:53 PM   #1392
Polyal
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Join Date: Jan 2005
Location: TAS
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Default Re: Australia housing bubble

Quote:
Originally Posted by blueoval View Post
I have a few mates who are real estate agents who keep me in the loop. But nothing I have in terms of hard and fast national stats.

There is some people moving from the East Coast to buy up in SA because its cheaper and they can work from home, so there is that. But from the intel Im getting, a lot of it is international buyer driven.
Disappointing if GovCo dont have some kind of further tax on international investors. Id assume in most cases there is no intention of living in Australia so its purely investment which could be better spent on things to improve standard of living, other economic activity etc...not detracting and making it harder for citizens to get in...
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