It is perhaps the most insane graph I've seen in my lifetime. This video gives really good perspective of historical comparison: Twitter
As @Redom said the labour force is not the total population. US labour force is around 160 million so the unemployment rate has increased over 6%...
At prices of the last 5 years? No way! And if I invest in housing it'll be because I want an asset that is very safe but will likely give me a...
Yep. The real worry is that looks optimistic. USA had 10 million new unemployment claims in 2 weeks so they've already hit 10% unemployment and...
Spot on. Not supporting people in need is an awful option for the entire society. We're paying for the mistakes of the last 20+ years where we as...
1. I'm 31 so by the time I'd finished my studies and got together savings (~2017) prices were already insane. 2. Deliberately running an...
They aren't stealing they're buying them at higher prices than many owner occupiers can afford. And getting government tax breaks to do that....
Exactly. Speak to any decent number of under 40s and your realise a huge number have given up on any hope of buying a house because of the cost....
I'm aware I'm but the standard poster around here. But are you seriously suggesting an investor buying an existing home increases housing supply?...
No because we messed around gradually bringing in measures rather than going early and our current lockdown is half arsed. If we'd shut down at...
Honestly a lot of the stimulus so far has been useless. It can't be spent in the economy because the economy is closed. They would've been...
Yep. People thinking there's an immediate recovery after the lockdown is lifted are deluded. Firstly from a health perspective any lifting of...
This article really needs some basic fact checking. "We’ve had no inflation problem". There was zero inflation from 1923-1929 in the US. "Yes,...
Sydney wide vacancy rates have been increasing over the last couple of years. It'll scream higher once it's safe enough for people to move out.
Price drops depend a lot on the AUD value as well. Property prices will fall. Rents will fall. There's just no doubt about that in the short term...
The idea that property investors buying already built dwellings reduces rent is laughable nonsense. Unless investors are financing new builds...
1. Negotiate with landlord about delayed payment of rent until they have some funds. Agree a repayment plan in the future. Moving now is too...
We've also got well over 5x the population so it's not that unevenly distributed.
Panic and forced selling due to margin calls after what was an insane overvaluation. Apple has retraced all the way to what it was in November....
Not sure deaths impact markets much. But what do the DOW and ASX look like when companies like Facebook, Google and Apple announce revenue drops...
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