The Australian Property Market Will Never Be the Same Again

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The Australian housing market is a 'basket case'.

❌ Regardless of whether you think it will boom or crash, there has been a colossal failure by government.

In this episode join myself & Bushy Martin from Know How Property to discuss:
👉 Is the housing supply crisis getting worse and why is the government not solving it?
👉 Is perpetual massive immigration the solution to Australia's long term economic woes and how will it impact the housing market?
👉 What are the biggest threats to the property market, e.g. federal elections, capital gains discount abolishment?
👉 Which locations will investors make or lose money?
👉 How will Australia survive the next five years?

#economics #immigration #trump

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DISCLAIMER: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
• Any information provided by us is provided as general information and for general information purposes only;
• We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information;
• We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer;
• The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant;
• The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances;
• We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer.

#PropertyInvestment #PassiveIncome #Australia #RealEstate
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AusPropertyMasteryWithPK
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Don't work for money; make money work for you. Invest wisely today to create the freedom you desire tomorrow™

RobsonSilva-cshe
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Australia is tied up with lots of bureaucracy and triple checking eveything, and yet, it probably has the worst housing quality in the world

ldandco
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A friend of mine pointed out to me that in other countries, you can be robbed in the streets, but in Australia, you get robbed 'legally' every time you buy goods or services. I totally agree with her, and I would say this is more evident than anywhere else in the housing sector. Whether you are building, buying, renting, or selling, dishonesty and deception are prevalent. It is a system full of vultures trying to steal from anybody else. It gives me nausea.

jaiacosta
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PK and Bushy, what a wonderfully frank, honest and enlightening conversation. The more I learn, the more I realise how much more I need to learn. Sincere thanks for sharing guys!!

JeffDawson-yo
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Our State politicians in Victoria actively work against their Federal colleages. When Victoria did not the GST piece of the pie they wanted from the Feds I suspect they decided to increased land tax. They ineffect collapsed house prices so that the Feds capital gains tax take collapsed fromVictoria. So they increased a state controlled tax in the property market and shafted a Federal tax to rebalance the books. Its been a devisive strategy that has impacted the wealth of Victorians

davidmoffatt
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I think you’re wrong about Perth Bushy. WA is in surplus and diversified now. I think there is another year, possibly 2 of national leadership to come from WA. No other state is sitting as pretty as WA fundamentally

nq
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Hi Bushy
I agree 100% about the 3 levels of government
What does the state level do, other than create burocrisy
Why do we need
State police forces & road rules, State hospital systems, State run education systems, it basicly slows everything sown and waste money.
We need migrants, but we need to control who we let in
People that can add to our nation and have skills, not people that belong to crazy religions that seem like they just want to destroy us from the inside.

Anyway just my thoughts

lostinasia
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If Trump can get term limits done, that would open up the possibility of other countries having that discussion. We need to foster the environment for new blood and ideas. Career politicians are dangerous

nq
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Why isn't capital gains tax calculated by dividing the profit amount by the years you've owned it? It's unfair to lump all profits over years of into one tax year, you get taxed at too high a %.

mattyb
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Gday Bushy. Good to listen to guys chat again.

raygodenzie
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@PK how are you migrating to US? EB-5 visa or through some other stream?

FinanceStoryTime
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Difficult to listen to no offense. Couple of smart blokes that don't understand the government is a corporation. Their primary goal is profit not the people .

I appreciate you pk

brettc
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Excellent podcast PK as always. One quick question though, I have invested in Traralgon Vic and bought a property last month. What are your thoughts.

santoshraghuraman
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Hi PK, you are the second Millionaire influencer, I came to know fleeing AUS to US ... .Is there any clear reason for this trend. Thank you.

PraveenM-jw
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Too many migrants in the IT and finance space. Need to restrict migrants to trades only

tomuuni
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If Australia's economy wrecked into hyper-deflationary I'd laugh and laugh and...😂😂😂

LMNsTCUk
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Agree with a lot of statements made, however to say "Trump is a bit erratic", is like saying bank robbers are a bit naughty. Dont mistake genius for sociopathy, criminality & corruption. We live in the age of misinformation.

jimbus