Jess_Irvine In the past 1975-1995 or so the median property price increase was about 7% over 15 years. (from memory of Real Estate institute data circa 1995). Since many properties have doubled and doubled again in 20 years or less. Thank John Howard & Peter Costello for dire situation.
Jess_Irvine The property boom was driven by the banks lending recklessly leading to high levels of speculation. I feel sorry for those who will be ultimately hurt financially in years to come while the banks continue continue to profit from the market distortion they created.
Jess_Irvine Qld prices are still holding strong. Come invest in Queensland
Jess_Irvine Sydney House Price growth has been up to 113% in 10 Years, so more like a realistic correction of where it should be.
Jess_Irvine What goes up must come down!
Jess_Irvine Bill Shorten Labor policy will drive Home values DOWN & rents UP, Core-Logic report
Jess_Irvine Warning,One of the wise men said to me ! take care of the Chinese, they are aspiring in Australia, England and America have to take protection measures Australia , It's serious
Jess_Irvine You'll never read about this in NZ news media. All property 'reporting' is intensive pro-speculation PR. The signs have been writ large for some time, everyone's trying to milk the last drops.
Jess_Irvine Thank the libs and APRA they done this
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