@@ADayInTheLifeOfJames if you are mindlessly listening to news headlines and somehow think they are in any way congruent to property prices slowing for the next 5 years , you need to expand your knowledge
@@yoen1_1 in straya the property market is rigged as government, RBA, APRA, Banks, Media is manipulating and intervening all the time..its not a free market..so who knows!!!...debt has skyrocketed..basically people are now in a debt trap..borrowed upto their eyeballs in low interest environment..no-one know what happens next..
I hope the housing market in sydney crashes, it definitely needs to happen. The house are way to inflated, and most first home buyers and even some investors can't justify paying more than 1.1m - 1.2m for a 3bd single storey home in the western suburbs.
@@pebblepod30 who told you? The guy told you should be locked in a mental hospital ASAP. Bank cant create money!!!! in a straightforward sense - someone who kept cash in Saving Account is funding your loans. Banks take their profit from the spread!!!
@@MortgageBrokerAustralia You replied to me but now your comment is gone. Where do you think the money comes from when billions & billions get lent without that being deposited? See Prof Richard Werner for more info. Most of the money in Australian economy is money "printed" (keystrokes= numbers in account) by private banks in making of loans, NOT by Govt spending for public benefit. You know that by looking at Govt Budget (surplus = money they put into ecomocy; deficit= money they took out) and then comparing with PRIVATE DEBT which SKYROCKETS when Govt doesn't spend into economy. Which makes sense - where else would the money come from? If from nowhere, then massive resession/contraction of ecomony. Note that in 20th century the finanical elites funded the economics depts that taugh the economic theory that made them out to be the good guys & the heros. Today we still learn that same, we igore private debt (credit/money creation) for private profit; and go crazy over Govt spending FOR THE PUBLIC GOOD. Amazing who upside down it is.
@@MortgageBrokerAustralia Looking forward to your response. Okay to not know something! Please look up Prof Richard Werner (bank created money) or Prof Kelton/ Prof Mitchell (Govt created money, BACKED by legal requirment to pay tax). Thanks for the video.
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For details on Michael's masterclass check out - matusik.com.au/master-class/
It’s criminal for house rentals to rise
Thanks for watching Helen!
Yeah.. I think we'll see a whole lot of defaults and properties flooding the market with inflation alone before we even see a rate hike from the rba.
Thanks for watching Jessie
I really enjoyed listening to what he had to say giving the hard truth about the wage growth and property prices.
Thanks for the feedback Big N
this guy's a polish bald brother. love this guy get him on your channel as much as possible!
Thanks for the feedback!
Great information 👍
Thanks for watching!
In my regional area theres a lot of new houses being built
Thanks for sharing RareOne!
Thanks great advice
No worries!
Property prices to slow down for 5 years ??? Lol , big call there buddy.
Thanks for watching Rekke, please check out:
matusik.com.au/2020/04/21/interstate-migration/
matusik.com.au/2021/10/05/pop-update-covid/
matusik.com.au/2022/03/15/regional-revival/
matusik.com.au/2021/02/09/internal-migration-2/
Well your comment has aged like milk haha
@@ADayInTheLifeOfJames if you are mindlessly listening to news headlines and somehow think they are in any way congruent to property prices slowing for the next 5 years , you need to expand your knowledge
so that mean not good to buy apartment his years then
Thanks for watching Yoen!
only if you want to buy at the peak..after an artificial boom..when prices are certain to fall and interest rates to rise
@@geoffvalero3516 so tjhat mean its good time to buy or just wait? normally they give flatrate for 1 years
@@yoen1_1 in straya the property market is rigged as government, RBA, APRA, Banks, Media is manipulating and intervening all the time..its not a free market..so who knows!!!...debt has skyrocketed..basically people are now in a debt trap..borrowed upto their eyeballs in low interest environment..no-one know what happens next..
@@yoen1_1 2 years at least if you want to see significant changes to the price.
I hope the housing market in sydney crashes, it definitely needs to happen. The house are way to inflated, and most first home buyers and even some investors can't justify paying more than 1.1m - 1.2m for a 3bd single storey home in the western suburbs.
Thanks for watching !
Hope so!
Thanks for watching!
Yes print money that's the solution!! Fully agree with you.
Thanks for watching!
Pls take note that when we get a bank loans, that is ALSO newly created money and the majority part of the money supply.
@@pebblepod30 who told you? The guy told you should be locked in a mental hospital ASAP. Bank cant create money!!!! in a straightforward sense - someone who kept cash in Saving Account is funding your loans. Banks take their profit from the spread!!!
@@MortgageBrokerAustralia
You replied to me but now your comment is gone. Where do you think the money comes from when billions & billions get lent without that being deposited? See Prof Richard Werner for more info.
Most of the money in Australian economy is money "printed" (keystrokes= numbers in account) by private banks in making of loans, NOT by Govt spending for public benefit.
You know that by looking at Govt Budget (surplus = money they put into ecomocy; deficit= money they took out) and then comparing with PRIVATE DEBT which SKYROCKETS when Govt doesn't spend into economy.
Which makes sense - where else would the money come from? If from nowhere, then massive resession/contraction of ecomony.
Note that in 20th century the finanical elites funded the economics depts that taugh the economic theory that made them out to be the good guys & the heros. Today we still learn that same, we igore private debt (credit/money creation) for private profit; and go crazy over Govt spending FOR THE PUBLIC GOOD.
Amazing who upside down it is.
@@MortgageBrokerAustralia Looking forward to your response. Okay to not know something! Please look up Prof Richard Werner (bank created money) or Prof Kelton/ Prof Mitchell (Govt created money, BACKED by legal requirment to pay tax). Thanks for the video.
Renters sufervmost,
Thanks for watching Quentin!
Thanks for watching Hunter lol...
😂🤣😂