Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
PLUS Your club board comp is now up!
Weekly Prize - Join Any Time - Tip Round 0
The Golden Ticket - MCG and Marvel Medallion Club tickets and Corporate Box tickets at the Gabba, MCG and Marvel.
PLUS Your club board comp is now up!
Every house in that street will get knocked down except for the hoarder that refuses to sell.
500k in Broken Hill
I think the gap on city country prices is closing.
Local real estate agents mostly suck though, very lazy marketing. The amount of houses that have basements and big sheds and those sorta distinctive features and they don't even both to snap a pic is shocking.
No flicking roaches over the back fence BOOM!It's a nice looking grudge but imagine having a servo right behind your back fence. Eau de unleaded all day wafting across along with constant traffic all night..
Lol 50k, watch that one just sit there and fall down.https://m.realestate.com.au/property-house-sa-peterborough-137996790
Bit of a fixer upper but you could use the spare 450k you saved on the Yabba property to fix this up instead.
That place is awesome, great bar.This is 120k cheaper, more dated but way better I reckon
Came by a whole bunch of Star Wars (West End) RPG Books recently from the late 80s/early 90s. Gonna move them on if you feel like adding to your Star Wars Collection!WFH because the joint is a dirty covid cesspool = buying dumb sh*t like a life-size cutout of Robin the Boy Wonder (and not getting sweet fa work done)
View attachment 1292992
The Australian property market is supported by absolutely no fundamental analysis and has largely been sustained by government policy (the latest being the 'Home Builder' thing which should've been wound up the moment it became apparent that the pandemic would actually help not hinder the building and construction industry) and the continual lowering of interest rates over a period of 30 years to what is now effectively zero and free money for everyone.
It's not actually a matter of if the market will totally crash but when.
Things that I've been hearing for at least a decade.The Australian property market is supported by absolutely no fundamental analysis and has largely been sustained by government policy (the latest being the 'Home Builder' thing which should've been wound up the moment it became apparent that the pandemic would actually help not hinder the building and construction industry) and the continual lowering of interest rates over a period of 30 years to what is now effectively zero and free money for everyone.
It's not actually a matter of if the market will totally crash but when.
Things that I've been hearing for at least a decade.
Sent from my Nokia 7.2 using Tapatalk
There's only so much milk you can get out of the cow.
Interest rates have been trending downwards for 30 years but have basically hit zero. Real wage growth is not really a thing in this country anymore and is unlikely to be in the future given population growth/technology advances. So basically you're left with government policies and stimulus to support house prices, which can only go so far in normal, non-pandemic times. Increasing foreign investment too I guess but that won't be popular with the electorate.
In the end it's no different from any other asset price bubble - in the long run, prices will return to their fundamental value. Who knows how long that long run will be but it will happen. Crypto is the same, most of them will end up being worth next to nothing.
Came by a whole bunch of Star Wars (West End) RPG Books recently from the late 80s/early 90s. Gonna move them on if you feel like adding to your Star Wars Collection!![]()
There's only so much milk you can get out of the cow.
Interest rates have been trending downwards for 30 years but have basically hit zero. Real wage growth is not really a thing in this country anymore and is unlikely to be in the future given population growth/technology advances. So basically you're left with government policies and stimulus to support house prices, which can only go so far in normal, non-pandemic times. Increasing foreign investment too I guess but that won't be popular with the electorate.
In the end it's no different from any other asset price bubble - in the long run, prices will return to their fundamental value. Who knows how long that long run will be but it will happen. Crypto is the same, most of them will end up being worth next to nothing.
'Real money' is fake money as well. None of this has any inherent value.
The difference is in who guarantees the value, the government or the Bitcoin miners.'Real money' is fake money as well. None of this has any inherent value.
The difference is in who guarantees the value, the government or the Bitcoin miners.
I’d still trust the government to provide the value every day of the week.