Why Are Australian Property Prices Rising?
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I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned Natalie Strayer here also Didnât know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Her good reputation already speaks for her .Iâm also one of the beneficiary of Natalie Strayer. So happy I gave it a trial after being skeptic of the process.
I'm new at this, please how can I reach her?
Most people are retiring this year and has nothing to show for. But I assure you itâs never late to get your financial life together again.. All thanks to Natalie Strayer for I and my family
Property goes up over time, full stop. Everyone that wants to purchase, needs to knuckle down, save the deposit (will take more than 3 months), will take years, be patient. Then buy and enjoy the journey and pay it down overtime, make sure you have an offset. Be realistic about your first purchase, it will not look like Mum and Dad's house, will be smaller and probably a few suburbs away. You can do it.
Here is a house sold in South Yarra VIC
2024 Sold $1,904,000
2006 Sold $940,000
1993 Sold $265,000
1980 Sold $70,000
1976 Sold $61,000
Doesn't help with limited equity. Our household earns 300k, a 700k house owes about 80/90 and I have 300k( in the bank. Nah I'll just jump out now and move overseas and retire in a cheap Asian country at 50. Also not 50 sub 40 and could pay off mortgage many years ago. Why play the stupid game here. Let investors and landholding developers rot.
If the sub-continent likes the look of your country prices will keep going up, don't need complex analysis or algorithms. See Canada.
Depends.
Locations that peaked too much will undergo correction.
Overall as you know yourself, location will be key.
Great show, love the optimism!
The famous saying - the market can remain irrational longer than you can remain solvent - comes to mind with whatâs going on with Australian residential property.
The problem is itâs not irrational, itâs supply and demand. If you want a piece of land in a big city you are competing with thousands of other people who would also love it.
@@TheMatthewSherwood Well, supply and demand can be impacted by (and quite often reflect) irrational behaviour. What makes you think people competing for a piece of land on the basis of "love" is not irrational?
@@uberboiz Because it has intrinsic value based on how it can be utilised by people with money. That's rational. Irrational is when people sell out of fear that they will lose money, and by doing so guarantee that loss rather than holding through it.
@@ianthomson4427 That's a flawed reasoning. Buying something solely on the basis that the item has intrinsic value doesn't make your action rational. If you acquire the item at an excessive price that is completely disconnected from the intrinsic value (especially if the purchase is funded by a significant amount of debt), it is indeed an _irrational_ behaviour. After all, price and intrinsic value are not the same thing, and you seem to conflate the two.
If irrationality forces people to sell out of fear, it also forces people to buy out of the same emotion. You think the term 'FOMO' applies to people who are selling?đ¤ˇââ
It cost 900k to build 4 bed room house in Sydney, excluding land.
Meanwhile, a townhouse style property in Kyoto is $200k and right beside arashiyama.
Definitely higher not enough homes around
Itâs not rocket science look at
The traffic jams shopping malls most city malls are full daily shoulder to shoulder to many people around not enough homes let alone
The roads are always full đ¤Š
Fascinating insights!
Definitely higher âđť it.may drop for 6months at some stage, but inflation, lack of housing, immigration and stupidity a pretty stable government (even if there annoying)
+ 4-7%
Unimaginable levels of immigration & printing unimaginable amounts of money, is the answer to the title of the video. If you knew they were going to be so corrupt, you have profited.
How much are you buying properties for these days Ravi??
400k to 600k
1.5-2.5!
Buy gold silver and XRP
Overseas buyers. Not hard.
No. Simpleton
@@michaellim4795 bawawaa, hi karen
Yea ! Supply and demand don't affect prices, get on board with the propaganda ! đ
More people looking for the same item never affects the price.
+10 social credits for you!
Buying real estate is a hedge against inflation. So much money printed after the GFC, it will end up in peopleâs pockets.
It's not the only hedge against inflation though. Too bad most people fall into the same conventional wisdom.
Prices are high because non residents (chinese) buying properties at any price
that is one of the reasons and a big pusher for sure. Many of them flee from communist China with loads of capitalists (and likely also super corrupted) money.
Lol.. no, you fell for the bs propaganda.
Really ? lol...
@@jayrush01 research it
Haha simpleton response ricky. The chinese people are buying up properties but targeting suburbs you probably would not be looking it.
Is it good idea to buy house đ ?
đŻ đI don't know, maybe no one knows...
Only if you can truly afford it. Buy gold silver and xrpđ
Some rent their entire life.
I couldn't imagine to retire in a rental.
Vote one nation
Lol. Give up. What is it 1996!?? đ Its not gonna happen, it will never happen. Move on already gezus
â@@jayrush01
đŻ
Never thought I would but I will
@@Real.Australia
Nooo!
After long time I see fraud men on you tube.