What if Labor got in?

Discussion in 'Property Market Economics' started by albanga, 21st May, 2020.

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  1. Melbourne_guy

    Melbourne_guy Well-Known Member

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    Having to wait that length of time to pay off the mortgage would almost negate the need to buy?
     
    Melbourne_guy, 27th May, 2020
    #81
  2. euro73

    euro73 Well-Known Member Business Member

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    My point is the effect it would have on borrowing capacity :)
     
    euro73, 27th May, 2020
    #82
  3. Melbourne_guy

    Melbourne_guy Well-Known Member

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    Agreed. My point is the potential impact upon 'pent-up demand':D
     
    Melbourne_guy, 27th May, 2020
    #83
  4. DueDiligence

    DueDiligence Well-Known Member

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    This market has made anyone that even slightly suggested it was highly irrational look like a fool.

    There is no certainty , only probability, and I’m over 90 % sure house prices will fall over the next few years. The question, will they fall in nominal terms, real terms (or both) . I suspect it will be real terms which sucks.

    In the last 5 years, they’ve gone up in nominal and real terms (against wages that is) which is an absolute disaster.
     
    Last edited: 27th May, 2020
    DueDiligence, 27th May, 2020
    #84
    Brickbybrick and ollidrac nosaj like this.
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