Housing slump 'the biggest threat to the Australian economy'

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Sydney and Melbourne's house price slump is 'probably the biggest threat to the Australian economy at present'

 

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Builder lobby ang real estate lobby give them lollypop and they gracefully accepted came up with new projs 4 sucking money and council approved without infra and amenities .Thanks to Apra and royal commission for saving some life from annihilation

Garbage affordable housing is a good thing.

Let’s hit it with Labor’s negative gearing policy and see what happens!

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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 »

House price falls in Sydney and Melbourne are accelerating, new figures showSydney's property market just recorded its worst quarterly performance since March 2005, with prices now falling for five consecutive quarters When I can get a three bedroom, on a quarter acre block, in Glebe for 125k, then it matters to me. Until then, I can only dream of owning a substandard shoe box (AKA studio apartment) if I win the lottery. Jimparedes Similar happened in the U.S. What we are seeing are the results of neoliberal economics.
Source: smh - 🏆 6. / 80 Read more »

House price falls in Sydney and Melbourne are accelerating, new figures showHouse price falls in Melbourne are accelerating, new figures show Another 20% down to go before they return to levels affordable by normal humans and what? i'm a writer, i'll win the nobel prize before i can afford to own a house Let me know when it's 700bn.
Source: theage - 🏆 8. / 77 Read more »

Sharp falls in property value forecast for Sydney and Melbourne | Sky News AustraliaSydney's property market is likely to fall 3.3 per cent this year, while Melbourne house values could fall as much as 6 per cent, according to Moody's Analytics.\n\n
Source: SkyNewsAust - 🏆 7. / 78 Read more »