Australia Real Estate TUMBLES as Sydney Down 14%! Interest Rates Already At Rock Bottom! – Sydney Video



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Sources Used in This Video:
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#australia #realestate #debt

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34 Comments - Write a Comment

  1. Another month passes and another month of declines. Here we are watching the slow and steady fall. It's not exciting because it's expected. As I mention in the video towards the end, a drop in interest rates aggressively, a tax cut, more incentives can get this to turn around potentially. So far, prices have still been falling since 2017. Please let me know what you see in Australia.

    Reply
  2. Thank you, Very informative, interesting, Good work Done, Catch you on the Next one

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  3. 10:45 That drop doesn't look seasonal to me.

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  4. If these markets just continue becoming more stretched, the worse it becomes for the bulls. The lack of pullbacks and continued uptrend extends out that branch until it gets weaker and weaker. Then, just snaps..we are in very odd times across the globe.

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  5. Over the last 30/40 years Australia has always been “lucky” enough to have something to bolster the market. Mining booms, trade with China, a strong economy. This lead to a majority of Aussies believing literally that the market would NEVER bust. Over the last ten years we’ve had massive amounts of money from China into the property market, we’ve had Aussies brainwashed into thinking they can “own” a property portfolio by using equity in one to “buy another, and we have a negatuve gearing system primed to support that. Right now we still have a huge building splurge going on at least in Sydney, never have i seen so many cranes. A surplus of new dwellings has occurred for the last 4 or so years in NSW. When it finally does pop, it will be extremely severe.

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  6. 5.40 That's the CASH RATE, it's NOT the interest rate!! And the chart before is completely unreadable as it's black and can't see anything

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  7. im in Sydney. Not many 4 sale signs up/ federal election in May/ environmental disasters/ chinese property investors gone/ people too scared to buy, as we are expecting 30% drop. I dont believe the economy will recover, due to environmental disasters. Insurance companies and banks will fall. School kids going on permanent strike before end of year. MASS DISCONTENT WORLDWIDE….

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  8. 1:50 in that document "only marginally lower in …. Brisbane (-1.6%)" That is actually a significant drop for Brisbane and at 2:15 a monthly change of -0.6% is really big.
    In far north Brisbane owners seem to now be in "hunker down" mode and not putting their house(s) up for sale. Many fewer For Sale signs than usual where I live. I assume this means flipping homes for profit has stopped. Hopefully the next phase is the Fire Sale panic.

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  9. My Tulip Bulbs Will Continue To Rise In Price Forever!

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  10. Sydney is not the capital of Australia it is Canberra.

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  11. I think one of the biggest parts of the problem here in Aus, is that people are getting approved for loans that REALLY shouldn't be. I can think of 2 couples that have combined earnings just barely above the poverty line, who already have car&credit card debt that's nearly double their annual pre-tax income, with barely any money down (just relying on the First Home Buyers Grant) who are getting approved for $450k loans.

    The scary thing is that so many of these loans have interest-only periods of up to 5 years. People can barely afford the interest-only repayments, and are getting hammered once they have to pay down the principal

    We also have a massive overstock of new homes, and the existing homes aren't selling. I live in Brisbane, I can think of about 10 apartment buildings and 4 gated communities that will be opening within the next year or so, and I don't even live near the CBD.

    We haven't had an official recession here in Aus for 27 years….it's gonna be a bad day when that eventually blows up….

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  12. Housing shouldn't cost half your monthly income….. government wants to step in and bail out big business…how about the government giving every nation civilian a house with a 100.oo land tax….. 15.oo minimum wage will just Jack prices up

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  13. Us nihlist love a good bubble pop. It only effects morons so.

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  14. real estate agents are the organisations issuing data, so are manipulating staTS AND FACTS.

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  15. The water out of the tap is very hard to drink😂🤘

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  16. Dave I am scratching my the block I live on in Philadelphia (I rent) they sold the house on my block all over $600,000 it just seems like things are getting better than worst. These homes sold within 1 month

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  17. I wonder why MSM isnt mentioning this….😕

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  18. Until people's paychecks are adjusted on a month-to-month basis then there won't be a property crisis. Or property, electricity, gas & food will have to keep their prices fixed for 12 months too like the majority of paycheck systems globally for the next financial adjustment to take place.

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  19. Excellent content. Thanks for sharing the sources. That's the main reason I keep watching your channel 👍.

    Reply
  20. Time to step from one ship to another in a storm.

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  21. I dunno if you've noticed but we've had first home buyers incentives for a long time now. They (the state governments) also keep acting like they'll only be on offer for a limited time, then they reintroduce them at a higher value.

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  22. They better start warming up the Bernanke…GET TO DA CHOPPA!

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  23. With regards to the housing data in Canada you have to take everything with a grain of salt as the housing prices dropped significantly due to in the summer of 2016 B.C. stopped all foreign ownership and in April of 2017 Ontario (more specifically the Greater Toronto Area) also implemented the same rule. This put a tax on non-permanent residents/non-citizens a 15% tax and no one is going to be dumb enough to pay that tax, so the market overheated beyond belief in Toronto into 2017 and then literally crapped out.

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  24. Wait, you saud this last….year!

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  25. International forces control our finances. We'll only crash if the international bankers allow it to. Right now, the debts at the bank level (very top) are being allowed to default. Fake money and all. & domestically the RBA increased credit in Dec, again flows to the banks. But yes, at the bottom level people are feeling it.

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  26. DFA = Martin North's Digital Finance Analytics. His yt channel is "Walk The World". Best source of truth on the Australian bubble economy.

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  27. Why do we think that rising house prices is a good thing? We do not think of any other consumable increasing in price as a good thing.

    The price of producing a house should be falling as we get new, better technologies. This is absolutely insane, but it works for banks and local governments.

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  28. It shows you interest rates don't matter the unemployment rates doesn't matter all that matters is what the Chinese do. If you followed the Chinese money in Australia you'd be very wealthy today and in cash.

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  29. How many bubbles left to start real economic crisis?

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  30. How much money would you make if I watched the 28minute ad at the beginning??

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  31. They did it to themselves. Ever since they blocked the Chinese buyers and pissed off the Chinese government, they just committed suicide and self destruct economically.

    Reply
  32. WW 4. Will be interesting. .

    Reply
  33. What a coincidence this and BTC went up lol 😂

    Reply

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