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Australia must plan for worst-case housing falls: OECDWARNING: A global forum is warning Aussies to be prepared for a hard landing in the housing market that could cause financial instability and hamper economic growth. 9News Will hit NZ Kiwibuild next. A Paris based group is giving us a warning of financial instability lol. We better grab our yellow vests. It is not a matter of if, but when. All thanks to the LNP federal governments for letting so many factors inflate housing prices way way above what they should have been. Things like mass immigration etc etc etc, Chinese investment, generous tax breaks all went into the mix in ma
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Further falls expected in Australian housing market | Sky News AustraliaFurther falls are expected in the Australian housing market in the new year, following a 'mixed to weak' 2018.\n\nA CoreLogic report, which reviewed Australia's property market performance over the pas t 12 months, found Sydney and Melbourne saw the most significant falls.\n\nLooking ahead, CoreLogic's Cameron Kusher told Sky News they expect further falls in the market but at a slower rate of decline.\n\n\n\n and the liberals are saying things will be bad under labor? maybe they should concentrate on whats happening under their watch first, you taking any notice of this john symon? But Josh assured us the economy was booming. What's with unemployment rising and house prices falling. Surely no on the LNP watch. It'll all be Labors fault. That'll be the Libs chant. The Coalition can do no wrong.!!
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘Prepare for a severe collapse in the housing market’Australia’s regulators have been warned to prepare “contingency plans for a severe collapse in the housing market” that could lead to a “crisis situation” in one or more financial institutions. Well you can't say nobody saw this coming, especially after the royal commission findings. The more the media bangs on about this, the less likely it will happen. Crashes happen when they are least expected. 'A severe housing collapse'? You mean real estate agents no longer making a killing and more people able to afford a roof over their heads?
Source: newscomauHQ - 🏆 9. / 77 Read more »