I read extensively about the Irish property experience after 2008. In some ways there were similarities to our market. Overseas investment, speculative investment and probably an under valued market to begin with. Once real estate stated to fall it took 4 full years to get to the bottom and some areas (but not all) bumped along the bottom for 10 years. Don't kid yourself the arse could NOT fall out the Australian market like never seen before. We are in unchartered territory. But then, in fairness I must say history has proven these things to be largely unforecastable! :) I personally reckon anyone who buys property in australia in the next 6 months is whack0, but that's just my opinion.
What is with the over-use of complicated terms? "Look at some further granularity?" Just look at more detail. Some markets increase to a small degree or some decrease to a small degree? Some will result in sharper results? Saying absolutely NOTHING!
@@andrewunterweger Yes and why not say it then? Saying 'granularity' is just a useless term. I despise these meaningless buzzwords which don't add anything except a veneer of sophistication.
No where will any Australian markets increase in 2025. Just some will fall more than others. I cannot see how anyone who follows these things cannot see the bleeding obvious.
I think he's right, the RBA won't be able to cut rates much of any at all due to our dollar which is almost in the 50's US, and China's decline due to the trump tarifs the RBA is gonna find it hard to cut rates, how can the average wage in Australia afford a million $$ mortgage, no way
Lol, do you believe anyone has ever bought a property for less? Do you think anyone would ever sell for less? It’s only been a set of stairs, some steps smaller and some steps bigger through time, and supply/competitive tension and immigration fuelling at all angles, but prices only up and here we are forever stretching. A pause in the market is just catching up on savings and the next step another upward spike. Nothing will change in everyone’s lifetime and you’ll never see a crash, just on announcement news but in reality nobody actually purchased a property cheaper.
Most people has part time or cheap labour job to day their job are not secure to buy a house. The. Labour government hate capitalist gourge overseas investors for new businesses venture and houseing with higher taxes, tariff and higher regulation drive them out which can contribute housing crises. Their woke socialist policy drive investor out who are only the one with the money to save Australian housing crises, private sector and factories but Australian people need jobs that pay and job security full time jobs but the government need to bring back business in Australia no wke nonsense policies to Go broke. Australian economy and small businesses are dying they can’t afford buying property. It's government problem to fix it don’t had to the problem raise taxes, interest rate and high energy instead create more jobs welcome investors for the prosperity of Australian. Government spending taxpayers money without capitalism grow is destroy the wealth of Australian.
I read extensively about the Irish property experience after 2008. In some ways there were similarities to our market. Overseas investment, speculative investment and probably an under valued market to begin with. Once real estate stated to fall it took 4 full years to get to the bottom and some areas (but not all) bumped along the bottom for 10 years. Don't kid yourself the arse could NOT fall out the Australian market like never seen before. We are in unchartered territory. But then, in fairness I must say history has proven these things to be largely unforecastable! :) I personally reckon anyone who buys property in australia in the next 6 months is whack0, but that's just my opinion.
What is with the over-use of complicated terms?
"Look at some further granularity?"
Just look at more detail.
Some markets increase to a small degree or some decrease to a small degree?
Some will result in sharper results?
Saying absolutely NOTHING!
Actually saying that some markets will still grow strongly while others will decline
@@andrewunterweger Yes and why not say it then? Saying 'granularity' is just a useless term. I despise these meaningless buzzwords which don't add anything except a veneer of sophistication.
It's already happening the worst time started 2022 until now it keeps I never going up and up.
Always up and up
Recession recession 🫣🤔😉🥹👀
No recession at this stage, but the underlying reason is that the government keeps spending money to keep the economy growing overall
@@andrewunterwegerbut the dollar is rubbish is will drop to 50cents 😂😂😂😂😂
Brisbane up 5%
Sydney and Melbourne down 5%
If interested drop, house price will jump
No where will any Australian markets increase in 2025. Just some will fall more than others. I cannot see how anyone who follows these things cannot see the bleeding obvious.
Thank you for sharing your opinion, and let's see where we will be at this time next year
Totally agree. This is just another opinion. Don't take any notice.
I think he's right, the RBA won't be able to cut rates much of any at all due to our dollar which is almost in the 50's US, and China's decline due to the trump tarifs the RBA is gonna find it hard to cut rates, how can the average wage in Australia afford a million $$ mortgage, no way
Let's check that at the end of the year 😁
Lol, do you believe anyone has ever bought a property for less? Do you think anyone would ever sell for less? It’s only been a set of stairs, some steps smaller and some steps bigger through time, and supply/competitive tension and immigration fuelling at all angles, but prices only up and here we are forever stretching. A pause in the market is just catching up on savings and the next step another upward spike. Nothing will change in everyone’s lifetime and you’ll never see a crash, just on announcement news but in reality nobody actually purchased a property cheaper.
I have seen crashes like during the GFC, and they impacted all the property markets in Australia, but to very different degrees
Most people has part time or cheap labour job to day their job are not secure to buy a house. The. Labour government hate capitalist gourge overseas investors for new businesses venture and houseing with higher taxes, tariff and higher regulation drive them out which can contribute housing crises. Their woke socialist policy drive investor out who are only the one with the money to save Australian housing crises, private sector and factories but Australian people need jobs that pay and job security full time jobs but the government need to bring back business in Australia no wke nonsense policies to Go broke. Australian economy and small businesses are dying they can’t afford buying property. It's government problem to fix it don’t had to the problem raise taxes, interest rate and high energy instead create more jobs welcome investors for the prosperity of Australian. Government spending taxpayers money without capitalism grow is destroy the wealth of Australian.
Canberra and Melbourne...Australia's woke capitals. Wonder what's driving their decline 😂
State government fiscal mismanagement, ballooning tax imposts on the population and public sector productivity growth 😂