House prices
Yes I agree, the real estate in the US has shown some serious weakness lately. But the supply there is on another level. There are many new houses/estates in Florida that have no buyers. It will only get worse with restrictive immigration policy.
Fanning Sale went Well- https://www.realestate.com.au/news/surf-champ-mick-fannings-beachfront-d...
The Gold Coast has been very good for Mick” goldfingers” Fanning.
Japan with its own housing problems. https://www.abc.net.au/news/2025-04-12/influx-of-international-visitors-...
This bloke has a different opinion on immigration and the cost of housing . It’s sure to fire up the green haters.
It’s the reality no matter who you vote for.
Jeez, someone needs to tell all the business writers and editors, including those at the ABC, that high levels of population growth contribute nothing to house prices.
He's right of course, we all know that negative gearing and the CGT discount are the heavy hitters but to deny the effect of demand in the form of high levels of population growth is retarded.
In any case, how can you call yourself an environmental party and not say a word about our infinite population policy?
They need to grow some balls and find out a way to have a mature conversation about population and at the same time distance themselves from the racists.
No argument from me re increased demand from immigration.
But increasing demand from snowballing wealth from property investors with snowballing tax breaks is probably a greater issue.
I should’ve got on the gravy train.
seeds wrote:No argument from me re increased demand from immigration.
But increasing demand from snowballing wealth from property investors with snowballing tax breaks is probably a greater issue.
I should’ve got on the gravy train.
Yep, we’re an asset economy now.
House prices - going to go up , down or sideways ?
Opinions and anecdotal stories if you could.
Cheers