The latest realestate auction data from yesterday was a total disaster, the numbers had never been seen since the beginning of the COVID lockdowns.Along with the recent changes on negative gearing and capital gains tax, the entire Ponzi Scheme will come to a hard landing, the economy will be in a severe stagflation and landlords with higher risk portfolios will start to default on loans, which in turn will drag the banks down too - the banks take the property but are unable to sell it at the mortgaged price because nobody is buying it.
>>537970503I dont get this meme about Australia being so bad, most of Asia is far far worsehttps://www.numbeo.com/property-investment/rankings_by_country.jspThis guy's home country, singapore, is about 2.7x worse
>>537970503Just import another 6 gazillion pajeets. The ruling class are never going to slow down on immigration.
>>537970710he's making money from his videos lilbro
>>537970503same in canada
>>537974910That hanges absolutely nothing about the cost of housing zoomer
