Its Edwin's Monday Evening Property Rant!

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  • Опубліковано 30 чер 2024
  • First show of the new financial year, so we dive into the impact of the financial changes, and consider the impact on the property market, as well as the latest from the Weechatters and changes to planning rules on values,
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КОМЕНТАРІ • 40

  • @David-uk7sm
    @David-uk7sm 10 днів тому +10

    Melbourne is the next San Francisco.

  • @vincentcacciola7161
    @vincentcacciola7161 10 днів тому +18

    A million euros will buy you a french chatuer with a dizen bedrooms and outside pool however you can spend one point four million on a three bedroom weatherboard home in Bankstown , hilarious

    • @crazyham
      @crazyham 10 днів тому +1

      Yeah, but the problem is you would live in france 🤣

    • @scottmurphy2995
      @scottmurphy2995 10 днів тому +7

      @@crazyhamBankstown is more appealing than France? Lol

    • @crazyham
      @crazyham 10 днів тому

      @@scottmurphy2995 Australia is more appealing than France
      unless ur into farmers dumping and spraying manure everywhere 🤣

    • @nicolle_2944
      @nicolle_2944 9 днів тому +1

      With a dilapidated roof that needs replacing for 1 million plus.

    • @TalkingPoint773
      @TalkingPoint773 6 днів тому

      Yeah bro with Algerian Morrocan and African refugees pouring in squatting outside

  • @DannyCurran-lc5sy
    @DannyCurran-lc5sy 9 днів тому +2

    I love how Edwin says PLANDEMIC, what a boss😂

  • @user-cr3fc8or6o
    @user-cr3fc8or6o 10 днів тому +8

    Australia keeps winning gold medal .most expensive propertys in the world. Number one sorry u can't be serious in comparing Hong Kong to Sydney . 😂

    • @grimreaper6112
      @grimreaper6112 10 днів тому +3

      No comparison we dig holes and have a stupid housing market thats it.

    • @veijotirronen2010
      @veijotirronen2010 10 днів тому

      Australia is not expensive it's the inflation.

    • @nicolle_2944
      @nicolle_2944 9 днів тому +1

      We don't want to be anything like Hong Kong.

  • @richarddobosz6174
    @richarddobosz6174 9 днів тому +1

    Great presentation

  • @redsed1565
    @redsed1565 10 днів тому +1

    why wen u click the emicon symbol does pride pop up first! Coercion!

  • @redsed1565
    @redsed1565 10 днів тому +2

    Remember Gravy Train by that Ozzy guy.
    One person conditioned to rule and control
    The media sells it and you live the role

  • @prancer4743
    @prancer4743 10 днів тому +5

    Australia has turned into a third world country as far as affordability goes if they keep going very very sad 😳👀😔😢😩🫣 we where one of the richest country in the world once 🤔

  • @TheTestride
    @TheTestride 10 днів тому

    The bottom end of up to $800k market for both Houses and townhouses is very competitive in Melbourne. Any properties within this price range that have a few positive features (most are crap)and are in commutable distance of the CBD (up to 1 hour) are sold quickly and it has been like this consistently for the last couple of years.

  • @redsed1565
    @redsed1565 10 днів тому +1

    Martin are u still an oz citizen? U keep saying we which i find interesting!😬

  • @vincewant6325
    @vincewant6325 10 днів тому

    Martin how
    Can new builds be still
    High and hasn’t came down in the last year - lumbar jn 🇺🇸 has fallen 65% from highs so wondering your thought on issue mate ?.

    • @WalkTheWorldDFA
      @WalkTheWorldDFA  10 днів тому

      Labor costs still high, and other items still expensive (and in short supply)

    • @vincewant6325
      @vincewant6325 10 днів тому

      ⁠@@WalkTheWorldDFA what things are in short supply as what i am seeing in the building industry there is no supply shortage of material in fact their is ample supplies. So labour only then ?.

    • @MegaMr28
      @MegaMr28 9 днів тому

      @@vincewant6325 no.. the builders are cashing in.!!! thats business as they say.. my neighbors granny flat thing went from $190,000 to $400,00 ( lock up stage) in two years. he had issues with council so had to delay the build

  • @mylimomelbourne4757
    @mylimomelbourne4757 9 днів тому +1

    Thanks DFA, you’re putting subtle but you are putting out there, if you renovate and make small improvements like add toilet, bathroom or build a garage or extension your council rates will be adjusted accordingly and go up substantially but eventually everyone’s rates are going to catch up , I’ve seen house prices go down but never seen rents go down? Maybe I’m wrong… ?

    • @WalkTheWorldDFA
      @WalkTheWorldDFA  9 днів тому

      Rents dropped through Pandemic era, but generally rise at a rate which matches income growth...

    • @mylimomelbourne4757
      @mylimomelbourne4757 8 днів тому

      I thought I was on the right side until yrs ago, workplace delicates (originally volunteers)
      started manipulating,earnings more than the guys out on building sites,sitting in hated-air-conditioned offices with now locked-doors, half a dozen credit cards, various other hidden funds, workers compensation insurance, Super, industries, all contributing funds to ALP supporting a.b.c

  • @kelvinjames6344
    @kelvinjames6344 10 днів тому +2

    Sell all public housing houses to private market.
    Emerton and whalan and lethbridge park and bidwill and shalvey and use the money to build apartments 3000 metres in the air like every other country does with public housing

  • @jetplane10
    @jetplane10 10 днів тому

    Hello Martin and Edwin 🙂

  • @iancawleycawley4170
    @iancawleycawley4170 10 днів тому +3

    1st😂

  • @veijotirronen2010
    @veijotirronen2010 10 днів тому +1

    Keep voting for Socialists Australia , it's now too late , enjoy people 🤣😂🤭😆😅😄🤭🤭🤭🤭.

  • @TalkingPoint773
    @TalkingPoint773 6 днів тому

    Edwin seems brainwashed about Chinese, it seems all he talks about, wechattees wechatters tik tok, where does Edwin live Bossley Park or Cecill Hills 100% lol

  • @redsed1565
    @redsed1565 10 днів тому +2

    You can place ur add for $300 on REA until it sells for a Private sale! Screw the agents!

    • @redsed1565
      @redsed1565 9 днів тому +1

      Minus the agent is one of them.

  • @redsed1565
    @redsed1565 10 днів тому +4

    Your followers have been waitng for a housing crash for the past decade!!!c

    • @peterch13
      @peterch13 10 днів тому +2

      I'm glad someone has said this. These experts use all their predictive powers based on logic to say the market is coming off but open your eyes. The market isn't listening. If you had listened to these guys a decade ago you'd still be waiting for the correction to buy: and you'd be pretty peeved.

    • @redsed1565
      @redsed1565 9 днів тому +1

      @@peterch13 spot in bro. And now they make out as if they're here to help 😂

    • @MegaMr28
      @MegaMr28 9 днів тому +1

      yeh thats me.🧐 now im screwed!! like steve keen said.. 'i underestimated people willingness to take on that much debt. 40% crash would mean a world wide major banking or virus crisis... and to think i got pre approved to buy a house 6mths before covid and i scared myself into not buying..🙄😪