63 Billion Laundered in Australian Housing : Opinion

We need to go Back to 2014 to Fix this problem !
In 2013 the median house prices in Sydney rose by 15%, and in some suburbs by up to 27%. Cash pouring in from foreign investors is one of the drivers of this change

DECLAIMER - WE DO NOT OFFER OR GIVE FINANCIAL ADVICE !
AS I ALWAYS SAY - DO YOUR RESEARCH - AND ASK LICENSED PROFESSIONAL
TO SUPPORT THIS TRANSMISSION PLEASE SHARE THIS VIDEO !
Thank you for your Support !

-~-~~-~~~-~~-~-
Please watch: "Mike in The Night ! - The Great Reset - #mikeinthenight #talkshow #Thegreatreset"
-~-~~-~~~-~~-~-

[coderedex]

Australia is way to expensive anywhere. I'm moving to Malaysia now.

[janisnotjoplin]

You should try living here Mike. Australia is essentially a benign dictatorship, it's like living on a volcano, you never know when things are going to go pear shaped really quickly. Love your channel.

[icebaby]

People in Australia are greedy, everyone thought they will make good fortune in property sales, everyone is into it, MPs and ministers are also involved. Property investment made good returns within short period of time when property prices kept going up, banks happily gave out loans to as many people as possible, government happily collected stamp duties from huge volume of transactions. People got greedy day after day. Reserve Bank of Australia cut interest rate to historical low to attract more people to the property market as real estate is a big portion of the GDP.

[STROONZONY]

when the highrise apartments started in Hurstville over 20 years ago, the sales were only listed in Singapore. I knew this wouldnt end well.

[jeffready]

Hey Mike I am glad to hear you pronounce Melbourne correctly now. Great work Buddy.

[paulsandhu]

Don’t you guys understand that nations such as Canada and Australia produce almost nothing but consume per capita ten times more than the rest of the world except the US? The powers that be are well aware of this, and therefore encourage capital inflows to keep the Economy afloat; they don’t care what the origin of the money, such as the trillions of drug money that is laundered through New York, London and other major financial centres like Hong Kong and Singapore. This is nothing more than Economic colonialism, the slaves in China, India and around the world produce, we consume! If this was not the case, the clothes we are wearing would cost ten times as much, the TVs we watch would cost ten times more, and so on. Currencies are the method used for modern day slavery through manipulated exchange rates that are controlled by the .0001% of the bankster elites. The biggest beneficiary of the modern Monetary System is the US, which prints the world’s Reserve Currency, and consumes almost half the goods produced in the world! This is why the US is the richest, most powerful nation in the world, it is because of their Currency, which is undergirded by their military. This is why nations whose currencies are fully convertible like the British Pound or the Canadian Dollar will always be wealthier than the ones whose currencies are not usable outside their borders. You are enjoying the benefits of money laundering just because of where you live, if it stops, your lifestyle of Starbucks lattes, and Jamaican holidays will be over in an instant! Enjoy the ride while it lasts.

[hooeephone]

75B$ in real estate in AUS is my guess. Adjusted for today's Australian dollar.

[davidoconnor]

FIRB = Foreign Investment Review Board

[thumpernats]

Hi Mike, back in 2005 I would visit the island of Koh Samui Thailand, back then I remember reading there were 23000 hotel rooms available on the island however the occupancy rate never exceeded an average of 17% I concluded the hotels are built with laundered money. I’m visiting the island now and see some of the same hotels years ago vacant and/or abandoned.. both hotels I’ve stayed at here now I’m literally the only guest..

[ronbroomhall]

The biggest problem that you have MIKE MARTINS is that you speak the truth and the facts unlike so many others who hide or ignore the facts

[STROONZONY]

FIRB. Foreign investment review board.

[benjarvie]

Good Video Mike, i live in Melbourne. When my wife and I tried to buy we were competing with chinese literally buying houses out the window of a merc at auctions and watched them at multiple auctions taking on multiple purchases. We then gave up on home ownership and decided to buy a investment property so drove 1.5 hrs from Melbourne and experienced the same thing so thought nope... this is BS that can not go on and i dont want to take part in it so have decided to continue to rent where we want to live and stack funds in metals and crypto. A have a chinese friend who came to me with a offer saying ill give you X if you help me park 400 K in property in your country.... man was i pissed off. You ask why the politicians havent done anything? its as they are all sitting on massive investment portfolios and have no personal advantage in tightening up the money flows....its old news politicans arn't working for the people.

[shirleydiwert]

Greed runs world, must stop monetary system, no one should have more than 1 house, no Airbnb

[satriojumeneng]

Mike, can you explain why you think that the money was a dirty money ??

[tonylinardi]

If China is so great why are their people buying abroad?

[JustJamesDean]

How many Australian proper live in Australia? 2016 Census had Aboriginals at 649 171

[twentyfourseven]

GREAT WOULD BE HELPFUL TO MANY CITIZENS LIVING OVERSEAS, , B. U. T
THEY DON'T WANT US TO LIVE ANYWHERE JUST KEEP WORKING, PAYING HIGH TAXES,
OVER CHARGED FOR GAS, ELECTRICITY, WATER, , PARKING, , COUNCIL RATES, , ROAD TOLLS, GST, PETROL
THEN WHEN YOU BECOME A PENSIONER, , , CAN YOU LIVE ANYWHERE YOU WANT. ????
B. U. T, , , , YOU LOOSE YOUR
SMELLS LIKE COMMUNISM
LOOKS LIKE COMMUNISM
MUST NOT DEMONSTRATE, AGAINST THE LAW, , , ,
CANNOT OWN GUN, AGAINST THE
FEELS LIKE COMMUNISM

[JustJamesDean]

Nah Mike, foreigner is a drop in the ocean. Look at Perth and Darwin, prices went crazy without foreign money too



Australia needs the money plain and simple. Without the money, Australia would be another Argentina, yes Mike, Argentina.


Used to be the Brits, then come the Japanese, followed by the Yanks and now the Chinese. There will be more countries. Nothing to fear. Its circle of life.

[JustJamesDean]

think I've worked out why your videos got shut down. It's a racist rant.

A person who is ethnic Chinese doesnt mean he is a Chinese citizen.

This is Chinese bashing. Wrong wrong wrong.

Go down Wentworthville, Mike