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RE: The Coming Australian Housing Crisis: A Couple Of Updates

in #property7 years ago

Considering that report that over a quarter of loan filings were suspected to be fraudulent combined with investigation into the origin of money coming into the market plus the coming downturn I'd say it's easy to guess why those on the sell-side would be panicking as to where their new clients will be coming from. Also your first link simply goes to that image for some reason.

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Hi @charitybot. Thanks for the info about the link, I've fixed that up. Thanks too for your interesting thoughts and my apologies for getting back to you so late. I completely agree and that there is the political motivation for keeping prices inflated.... at any cost!

Yeah it seems that all countries went down the road of low rates and taxes to attract investors and buyers, hopefully not too many good people get debt-trapped.