War...What happens to property?

Discussion in 'Property Market Economics' started by ej89, 14th Oct, 2016.

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  1. dabbler

    dabbler Well-Known Member

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    Do you know you could get cheap property in Eastern suburbs in WW2 because people believed Japs would invade, it was the plan, they made some wrong turns luckily.

    No one knows what can happen, I think there are others more worrying than the NK, and we should not think we would not ever be a target, for anyone, we been poking our heads in everywhere for a while now & we have good land, and resources.
     
    dabbler, 31st Aug, 2017
    #41
  2. AlexV_Sydney

    AlexV_Sydney Well-Known Member

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    in some Ukrainian regions (east), where Russia invaded in 2014, the property prices went down 3 times. Many properties are on market for more than 1 year. Russia is definitely not on defensive side and they can declare the war if they want - nobody is going (and can) to stop them.
     
    AlexV_Sydney, 31st Aug, 2017
    #42
  3. ej89

    ej89 Well-Known Member

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    Is there an audio version? Got no time to read unless I buy a tesla...
     
    ej89, 4th Sep, 2017
    #43
  4. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    It's on Audible, which is where I found it.
     
    Peter_Tersteeg, 4th Sep, 2017
    #44
  5. Big Lez

    Big Lez Well-Known Member

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    My theory is, if North Korea nukes South Korea or Japan, Australia would take in heaps of refugees from Japan and South Korea which would cause property prices and rent to rise. I dare say there would be heaps of rich people in China who would want to be keeping clear of the region and would want to move to Australia too.
     
    Big Lez, 6th Sep, 2017
    #45
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