Its Edwin's Monday Evening Property Rant!

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In our latest show we kick around the recent events which question where property is going (depending on your point of view). Unbelievable!

Today's post is brought to you by Ribbon Property Consultants.

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Caveat Emptor! Note: this is NOT financial or property advice!!

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Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in April 2024..

dannyvandervaart
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Yes Martin housing in Australia is not attainable for even $200k salaries. The way the economies and the changes with the BRICS Banking countries are growing and the old banking systems as we know are faiiing. These are owned by private people and the new BRICS is owned by counties (The People) The RBA is not federal but privately owned and I see a total change in house prices within the near future due to one hell of a bubble that will burst. What governments are telling people is not true with any figures and what is keeping the rental market inflated is the people coming and living here from other countries and obviously being given government money for rent and their children. Do not be fooled by this fragile market.

zaly
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There's going to be a recession and a property market crash here in Australia. When 200k salary isn't enough for a mortgage theres only 1 way to go.

nasdaqtrader
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Banks exchanging securities and calling it a “loan contract” should be prosecuted for fraud

jameswillis
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I usually listen to this show without watching the video. But I know when Martin is smiling 😂 (“garbage time”)

S_Padival
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The rate cut is only so the RBA can/ has print ed more money .

michaelevans
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Who in their right mind would move houses if todays stamp duty to buy another in the same range is more than the cost of their original house, that would hurt

WhtwaBBiT
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Aud$ may become stronger due to higher Aussie rates... so less affordable for foreign students... exports less attractive... balance of trade goes down the pan... more Aussies may wish to travel with cheaper trips... cheaper to import building materials and lumber and trade workers... seems we need rates to stay higher for some time...

brucewayne
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Albo came from a humble background grew up in public housing. He will save us all.

Jin-oqqu
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Large Volume builders now offering discounts on new homes, instead of gouging, maybe they have been instructed by the bailout we all paid for because now they claim a profit, the discounts are substantial 30-40 % when before they didn’t want to know you …

mylimomelbourne
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You made me laugh when you said bad feng shui

MelbourneShorts
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Ahh another beautiful fear-mongery ramble from the gay farmer.

Jubeitoshi
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Dont forget ban Australian lobster in shina.

philmelb
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Martin, "You need to find a way to move forward, you need to find a way out, you need to keep looking". Me, "Sometimes, it's simple maths which you cannot defy, and there's no palatable/rationale way forward, only a way back or down on the level of living".

olenanewton
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Albo starting to sell his investment properties. Any indication of whether other politicians are also selling? 😂

DC-lwdj
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property managers are not ur friends! Just like politicians, police, judges, lawyers, councils, ATO, banks, butchers, ed etc etc

redsed