Cracks are starting to appear in the Australian Property Market

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Financial disclaimer: I am not your financial advisor and the opinions I share in this video are purely my opinions. This is not to be considered personal advice as it is general in nature.
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Every time, and i mean every time, in recent months that i have made the statement that the property market is overdone and due for a correction the reply is, ' property never goes down'. Cannot see where the cracks are appearing in this presentation.

petera
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Sells and loans applications went down, people can’t afford it. Bank not making money on mortgages any longer and inflation doesn’t help. . Whom they are going to sell houses?House price ration went from 1:3 time to 1:15 times of your annual salary.

loftss
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Just leave it alone man, all these experts all of a sudden, experts and more experts!

freedomnews
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Buy if you need a house and can afford it. Even if it's a stretch. Most folks need to make financial sacrifices when first entering the property market, over time will get used to living on less money loan decreases and inflation does its thing.

trythis
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If you plan on owning multiple houses for rental beware of land taxes and rate rises. If they attack your current tax strategy your portfolio may go backwards rapidly.

berniestar
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We moved in Melbourne western suburbs (Burnside heights) 4 yrs ago. Valued 750k.
During COVID went up to 950k
Neighbours sold couple weeks ago. Same size block, very similar house, although their has nicer garden and interior fit out.
Sold for 830k.

lengerer
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"Investment Rise TV"

The very name of this channel, given the content, typifies everything wrong with Australia.

falcon
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Sell Perth property commodities downturn hit hard soon

jamesm
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Would be great to see what the >30 day, >60 day and >90 day default rates are per city.

PeterRodrick
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USA tax 3% every year property OWNERS on market value price, not pursued price. People ( owner) with fully paid property can’t afford to own it. Talking about removal of middle class, 20% are homeless in USA and a lot live in caravans….. Australia is not that bad…. Yet

loftss
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What a click bait title. Your content has nothing to do with what the title says.

GT-bsqu
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I can't believe people look at property as a commodity, property should be looked at as a home for someone to live, not a market for people to make money off, it's just wrong

Seanype
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Thumbnail should read 'Australian property markets' (plural). Now tell us why there is a 10% increase in listings in Melb compared to other cities. Answer - investors exiting the market. The final nail in the coffin for the property investor in Vic will be next year's impending legislation that will force landlords to transition from gas to electricity. Can't see investors hanging around when 'staring down the barrel' at costs rumoured to be anywhere up to 20k.

mcomp
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whether the price of a property goes up or down is meaningless to some one who owns a home to live in. If for some reason they have to move all they want is enough money to buy another roof over their head ...whether it is wildly expensive or very cheap. the only people who want properties to go up all the time and never fall are greedy people who have two properties. hope none of you listening to this vlog are one those.

zenmachine
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Hi, Do you offer consultations please ?

eldalyeffendi
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This man living in dreams.
Look at statistics of USA 2008.why it crashed.
If it’s too far for you.
Look at Canada house prices

JatinderSingh-dt
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I think the trend in the future is house is for living rather than investment tool. In the future, gov will have more policies to encourage first home buyer and have more policies to restrict investment properties.

xijidai