AMP sees 20pc fall in Sydney, Melbourne

Discussion in 'Property Market Economics' started by Pete Arendt, 18th Oct, 2018.

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  1. dabbler

    dabbler Well-Known Member

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    lol....

    They are the puppeteers......and it is a punch and judy show....we always get punched :)

    The problem is not so much the meddling, but the timing and the severity, I am convinced they all want this, it aids them all, to build things up then clean them out, but when you play with fire, there is a chance of being burnt or burning the lot down.

    But just think, to someone who owns all their housing or has the cash to pay it all down, do they really care about what happens to those that cannot ?
     
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  2. johnmteliza

    johnmteliza Well-Known Member

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  3. johnmteliza

    johnmteliza Well-Known Member

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  4. Buynow

    Buynow Well-Known Member

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  5. Whitecat

    Whitecat Well-Known Member

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    20% is pretty much a given now. Mainstream opinion. Now we are getting mainstream commentators brand enough to talk 30 to 40%
     
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  6. Whitecat

    Whitecat Well-Known Member

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    I suspect foreign money would be a key tool yes
     
  7. Whitecat

    Whitecat Well-Known Member

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    Exactly I read an article that was talking about Tasmania being a lot of investor speculation vs actual people wanting to live there and take up jobs there.
     
  8. Whitecat

    Whitecat Well-Known Member

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    I think realestate is always going to play a big part in the Australian economy simply because of all the international demand to live in this nice country or to park their money in this safe country however I think it's got a bit out of hand being too much of what the economy is about.
    How's mining doing? is it still looking up I think that will take up some of the slack
     
  9. johnmteliza

    johnmteliza Well-Known Member

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  10. Perthguy

    Perthguy Well-Known Member

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    Why?
     

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