Why Are Australian Property Prices Rising?

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Why Are Australian Property Prices Rising?

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Personal Finance with Ravi Sharma

Күн бұрын

Пікірлер: 67

@Scottweeier846 Ай бұрын

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.

@DaveCulbertson Ай бұрын

The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

@Brucelanham845 Ай бұрын

I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

@carolynvo7802 Ай бұрын

Her good reputation already speaks for her .I’m also one of the beneficiary of Natalie Strayer. So happy I gave it a trial after being skeptic of the process.

@Rodriguezpaul-9 Ай бұрын

I'm new at this, please how can I reach her?

@Nguyenvictory83 Ай бұрын

Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to Natalie Strayer for I and my family

@marcoschena99 2 ай бұрын

Property goes up over time, full stop. Everyone that wants to purchase, needs to knuckle down, save the deposit (will take more than 3 months), will take years, be patient. Then buy and enjoy the journey and pay it down overtime, make sure you have an offset. Be realistic about your first purchase, it will not look like Mum and Dad's house, will be smaller and probably a few suburbs away. You can do it. Here is a house sold in South Yarra VIC 2024 Sold $1,904,000 2006 Sold $940,000 1993 Sold $265,000 1980 Sold $70,000 1976 Sold $61,000

@nitehawk9270 Ай бұрын

Doesn't help with limited equity. Our household earns 300k, a 700k house owes about 80/90 and I have 300k( in the bank. Nah I'll just jump out now and move overseas and retire in a cheap Asian country at 50. Also not 50 sub 40 and could pay off mortgage many years ago. Why play the stupid game here. Let investors and landholding developers rot.

@thekingspin9846 2 ай бұрын

If the sub-continent likes the look of your country prices will keep going up, don't need complex analysis or algorithms. See Canada.

@ngatiklau6044 2 ай бұрын

Depends. Locations that peaked too much will undergo correction. Overall as you know yourself, location will be key. Great show, love the optimism!

@Steve-kk8yb Ай бұрын

Unimaginable levels of immigration & printing unimaginable amounts of money, is the answer to the title of the video. If you knew they were going to be so corrupt, you have profited.

@user-ye3fk9me1i 2 ай бұрын

Definitely higher not enough homes around It’s not rocket science look at The traffic jams shopping malls most city malls are full daily shoulder to shoulder to many people around not enough homes let alone The roads are always full 🤩

@jamesm6341 Ай бұрын

It cost 900k to build 4 bed room house in Sydney, excluding land.

@jezg084 2 ай бұрын

The famous saying - the market can remain irrational longer than you can remain solvent - comes to mind with what’s going on with Australian residential property.

@TheMatthewSherwood 2 ай бұрын

The problem is it’s not irrational, it’s supply and demand. If you want a piece of land in a big city you are competing with thousands of other people who would also love it.

@uberboiz Ай бұрын

@@TheMatthewSherwood Well, supply and demand can be impacted by (and quite often reflect) irrational behaviour. What makes you think people competing for a piece of land on the basis of "love" is not irrational?

@ianthomson4427 Ай бұрын

@@uberboiz Because it has intrinsic value based on how it can be utilised by people with money. That's rational. Irrational is when people sell out of fear that they will lose money, and by doing so guarantee that loss rather than holding through it.

@uberboiz Ай бұрын

@@ianthomson4427 That's a flawed reasoning. Buying something solely on the basis that the item has intrinsic value doesn't make your action rational. If you acquire the item at an excessive price that is completely disconnected from the intrinsic value (especially if the purchase is funded by a significant amount of debt), it is indeed an _irrational_ behaviour. After all, price and intrinsic value are not the same thing, and you seem to conflate the two. If irrationality forces people to sell out of fear, it also forces people to buy out of the same emotion. You think the term 'FOMO' applies to people who are selling?🤷‍♂

@lorgerdat Ай бұрын

Meanwhile, a townhouse style property in Kyoto is $200k and right beside arashiyama.

@user-kp6dj3cm4c 2 ай бұрын

Definitely higher ☝🏻 it.may drop for 6months at some stage, but inflation, lack of housing, immigration and stupidity a pretty stable government (even if there annoying) + 4-7%

@Freedomone153 2 ай бұрын

Overseas buyers. Not hard.

@michaellim4795 2 ай бұрын

No. Simpleton

@ricky6864 Ай бұрын

@@michaellim4795 bawawaa, hi karen

@mojanburgandy Ай бұрын

Yea ! Supply and demand don't affect prices, get on board with the propaganda ! 😂 More people looking for the same item never affects the price. +10 social credits for you!

@oogs Ай бұрын

immigration ***

@dmoo8121 2 ай бұрын

How much are you buying properties for these days Ravi??

@blakesidebottom9629 2 ай бұрын

400k to 600k

@joekeegan-yc4nm 2 ай бұрын

1.5-2.5!

@ricky6864 2 ай бұрын

Prices are high because non residents (chinese) buying properties at any price

@kurochandog9472 2 ай бұрын

that is one of the reasons and a big pusher for sure. Many of them flee from communist China with loads of capitalists (and likely also super corrupted) money.

@jayrush01 2 ай бұрын

Lol.. no, you fell for the bs propaganda.

@hellothere9889 2 ай бұрын

Really ? lol...

@ricky6864 2 ай бұрын

@@jayrush01 research it

@michaellim4795 2 ай бұрын

Haha simpleton response ricky. The chinese people are buying up properties but targeting suburbs you probably would not be looking it.

@YTSEO_EXPERTT Ай бұрын

Fascinating insights!

@Vicki_Aussie_Girl 2 ай бұрын

Buy gold silver and XRP

@lexnouwens1894 2 ай бұрын

Buying real estate is a hedge against inflation. So much money printed after the GFC, it will end up in people’s pockets.

@uberboiz Ай бұрын

It's not the only hedge against inflation though. Too bad most people fall into the same conventional wisdom.

@76sunil 2 ай бұрын

Is it good idea to buy house 😅?

@joekeegan-yc4nm 2 ай бұрын

💯 😊I don't know, maybe no one knows...

@Vicki_Aussie_Girl 2 ай бұрын

Only if you can truly afford it. Buy gold silver and xrp😊

@joekeegan-yc4nm 2 ай бұрын

Some rent their entire life. I couldn't imagine to retire in a rental.

@xbren86 2 ай бұрын

Vote one nation

@jayrush01 2 ай бұрын

Lol. Give up. What is it 1996!?? 😂 Its not gonna happen, it will never happen. Move on already gezus

@joekeegan-yc4nm 2 ай бұрын

@@jayrush01 💯

@Real.Australia 2 ай бұрын

Never thought I would but I will

@joekeegan-yc4nm 2 ай бұрын

@@Real.Australia Nooo!

@pratikmehtaau Ай бұрын

After long time I see fraud men on you tube.