Should we worry about a crash of the housing market? Let's all take a deep breath

I am not good at maths, or many things when it comes too school, I am in a world of hurt when my abacus comes apart

PS one of the most ape like persons I have known in my life, was very good at making money......way better than many of the highly educated ones, so it is not tied with education system.

 

BOOOM

The Morrison government will impose new visa conditions for thousands of migrants a year, requiring them to settle outside Sydney and Melbourne for up to five years, in a bid to address unplanned population growth that has outstripped forecasts in major capital cities by almost 100 per cent over the past decade....


...new visa condition would be placed on a cohort of skilled migrants to settle in regional areas for “several years”, Mr Tudge will indicate they will come from a pool of skilled migrants who are not tied to geographic areas such as those sponsored into work by companies and those granted family visas.

This accounts for about 45 per cent of the total intake.

The conditions of the visas would be enforced by placing penalties for “breaches” that apply to other visa classes. This could include revocation or affect the ability of a permanent resident to apply for citizenship....

$$ Nocookies​

 

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All I can say to this I have heard it in the past before and I have no control over what will happen, no crystal ball, so I will deal with it if it occurs?
I just look at the graph below and see no state or year from past history had the same or constant growth, so I can only go by that and the fundamental demographics of what is happening:
Have a look at the graph in below article:
What we can learn from Australia's median house prices from 1970-2016

 

You still here ? waiting for the big bust ?

Well now there is a reason for all the hard socialists to stop following BS and get on board the Morrison bus .....

I hope it never really happens, I do not want all the trash flowing to regionals, only to be reversed by someone not long after causing chaos in the smaller places.

 

That's not active investing

 

Absolutely. That's a great resource!

 

When plotted and extended to current prices, this data looks good for BNE.