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Australia is well overdue a correction anyway.
'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?
The more the media bangs on about this, the less likely it will happen. Crashes happen when they are least expected.
Well you can't say nobody saw this coming, especially after the royal commission findings.
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Labor dismisses concerns negative gearing policy will collapse housing market | Sky News AustraliaLabor is dismissing concerns by the government that reining in the tax concession could lead to a collapse in the housing market.\n\nFairfax reports the Opposition has seized on data compiled by the Parliamentary Library which found just one in 10 properties purchased over the past year were for tax loss purposes. Bowenchris 2007-13 Remember the Labor Govt National Rental Affordability Scheme, Labor promised 35,000 new homes. 2007-13, only 19,000 of the 35,000 dwellings had been built Trust Labor with Housing, No thanks Bowenchris 1. Revert to pre 1985 CGT now ... ex timing as markets are receding. 2. Leave neg gearing alone Remember Keatings fiasco? AUSPOL Bowenchris What a fkn moron ..cashed up investors are already rubbing their hands together waiting for the housing market collapse, 1st home buyers won't stand a chance
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australian housing market set for 'soft fall' – but should prepare for worst case, report warnsThe world's leading economic agency says Australia is on track for a soft landing in its housing market but believes a hard landing isn't out of the question.
Source: SBSNews - 🏆 3. / 89 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 »
Weakest property market since 2008: Sydney, Melbourne house prices tumbleAustralian house prices have recorded their largest drop since the height of the GFC, with Sydney and Melbourne leading the way down. This is what happened when you make it difficult for the wealthy Chinese to buy. Excellent! Liberal Parties Fault?
Source: theage - 🏆 8. / 77 Read more »
Weakest property market since 2008: Sydney, Melbourne house prices tumbleAustralian house prices have recorded their largest drop since the height of the GFC, with Sydney and Melbourne leading the way down. JennieDuke Excellent. JennieDuke Still an amazingly overpriced city for what you get versus price compared to most other places on the planet. JennieDuke Good
Source: smh - 🏆 6. / 80 Read more »