Imagine if a cyber attacker stole your deposit money. Effectively stealing your house and your dreams.
The Chinese currency was overvalued, and some think it still is. Further depreciation is expected to hinder China’s investments.
Who else is blowing wads of cash on who knows what? That would be the Australian government.
The Chinese government has been encouraging citizens to invest in stocks, bonds and real estate overseas. Why would they want citizens to invest overseas?
The land price takes the gain of the improvements put in around it. Great if you happen to own a home in the area.
We’re only in the first week of trading for 2016 and already investors are in the grip of a gloomy outlook.
For some, property really is a risk free investment. This is how the game works folks. Or, as Phil told me, this is how the cycle turns.
The report reveals the famous ‘housing shortage’ we hear so much about is completely bogus, at least as far as Melbourne is concerned.
While companies like Brickworks and Reece continue to make new highs it suggests that people can afford real estate and the property cycle has some way to go.
You’d be surprised how often they come along. But even we didn’t expect to see the world’s tallest skyscraper to show up in the Iraqi desert.