Can we please get a review of the postcode 6164? That'll be very interesting reading. That post code is booming and set to be a big investment suburb with the upcoming shopping Makeover and the new Beach park. People have got into the suburb at 2020 on low rates but now rates have increased substantially it'll be interesting reading as the area wasn't exactly cheap (nor expensive) to begin with. Thank you.

DFA? Department of Foreign Affairs????

They leave Sydney because it’s too expensive and move to Brisbane and make that expensive.

Politicians both Labor and Liberals are on the property investment bandwagon. Anyone suggesting they want to deflate house price is delusional. Conflict of interest at its best

Best case scenario: an early election, rates hit 10%+, and the system economy building regs and bubble are reset quickly so Australia can rebuild... instead of dragging this mess consequences and pain out long term...

Hello Martin 🙂

How far can the can be kicked down the road?

Commonwealth Bank Buderim Qld branch closed this week.

Thank you Martin, thoughtful and insightful analysis as always. Can I nominate postcode 3756 ?

My definition of rental stress is 150-250 applicants for one rental property That’s a less than half of 1% chances at securing a winning application, which is as good as zero Why is it so? a.b.c inform us we need to share our house with strangers to ease the burden of new Australians

How has the GFC high of mortgage stress not yet been surpassed when the amounts being borrowed now dwarf borrowing levels back in 2007/2008? Being protected by still low unemployment perhaps.

I think it’s time to give it up Martin no offence. Your years of really terrible forecasting on the housing market and everything else is really catching up with you . I had an old episode of yours pop up as does happen on KZfaq from around 3 years ago where you was predicting negative rate in Australia and the fact that we would probably enter a deflationary period or at best flatline along the bottom for years to come . And what about that 60 minutes interview back around 6 or so years ago where you were forecasting a 50-80% housing crash !! We know you operate on a doomsday niche where you attracted views based on fear like Harry Dent though admittedly not quite as bad , but people believed in you and trusted your expertise and a lot of people refrained from entering the market only to find themselves in a position later on that they were unable to enter the market or take on way higher debt to do so . If only you could have been responsible and given a more balanced and accurate forecast like people such as Christopher Joye did . He had the same economic data that you had and got it spot on or very close to. Yes mate it’s time to hang up the gloves before you take a hit that you may never recover from … oh hang on I think that ship has already sailed 😊

Can they do Melb for a couple of years. See what Sydney looks like when kids hit High school? NSW Govt has extended their HAFF 10 year horizon to 15 years already. They've already given up. Just to prove how they've given up, they ok cv ked suburbs full of lawyers and barristers with deep pockets and friends with their infill suburbs. Wouldn't it be easier, slap developers some extra floors if they get checkbooks out for mid ring suburbs with people who might want to liquidate but scared banks might repossess. Instead NSW wilfully chose hard road and 10 years of lawfare while more people flood into Western Sydney 50c heatsink with energy and water shortages. If I were in Sydney, I'd say loved you but need to live elsewhere, see you at Xmas.

The frantic scrabble & grab for data that suits their view. While dumping the true but undesirable ❗

Inflation is the outcome of thieves and liers deciding policy. Wealth inequality is a political choice

Why should energy be andy different from banks? Both industries have a handful of corps that get unfair advantages from govt whilst they are free to gouge Australians with impunity.

Insurance companies are equally useful and honest as an immigrant on Centrelink

What other country have $1M weatherboards? lol Yes, higher inflation is guaranteed.

One income family. I've given up on the idea of owning any time in the near future. Maybe after the young fella is an adult I'll have to hit the mines for a few years.

Sweet Freedom · Michael McDonald

It's created.

If you think the cost of building is expensive now, wait untill they start building even more houses, the costs will go through the roof , adding to even higher inflation, government is adding to the problem, not fixing it.

As if we needed further proof that our politicians do not work in the interests of the people of this country.

One term government?

Thanks guys 🙏🙏😳

the only people that can afford housing are the people that LIEabout the reality's of the Build time/tradesmen and upfront costs!these people are the POLITICIANS all but most labor ministers ,own mor per number than the liberals!go figure.

It's all getting a bit Soylent Green When do govt start paying people not too breed?

Designed to fail. Smh

Here Martian, separate issue, but good news i'd like to share with u.The House passed a bill Thursday barring the Federal Reserve from issuing a central bank digital currency (CBDC) unless it has explicit authorization from Congress

The Australian artlicle: Australians are being stung twice by Asia-based crime syndicates who are scamming victims out of billions of dollars a year and laundering some of those proceeds through Australian real estate, contributing to escalating house prices that are locking younger generations out of the market.

But I thought Australians are " rich" now, house prices increase to the moon, not much manufacturing just import from others, big huge dollars but runs deficit, from public debt to private debt, hell maybe Australia gov should finance their " ally USA" debt and deficits and just buy their USA gov treasuries bonds since they love USA freedumb so much.

The governments need inflation to shake off their debts, house prices will sadly just keep going up.

this would be expected. building is simply too expensive and has become out of reach more every day. Just like buying a house. the system is broken. the gov needs to bring in policies to reduce the cost of houses so the young who need them.. CAN ACTUALLY AFFORD THEM. until that happens, building houses will be severely restricted.

All a part of the new order plan.🙄😪

The system is set to fail the average persons and boost the rich!

we need a zoning that prohibits renting within that zoning, it would be a great area to cheaply buy for personal use since you wont be competing with all the rent seekers

Governments are not working for you. When trades smell more $$$ they dump houses and swing to the easy government work.

Dont you just luv them flooding into Oz 🧕🦧👳‍♂️👽 onya albo

we could easily house the people if we adopted a different building strategy. one place to start is with council code & easier, more flexible approach to owner build. smaller dwellings that allow expansion if required in a type of "beta" suburb for young or downsizers/retired. eg buy the land & live in old caravan with a shed to store material for the build to remove heavy up front costs.. we could also have tiny home suburb/ parks ... there are examples of this type of living around the world & done right look fantastic. .. government bodies & banks force us to choose their model which is failing everybody except them.

There's clearly some major market failure. In Brisbane, rents are up 58% since 2018, and house prices are up 70% since 2018. The market has responded by reducing supply. It's difficult to point a finger at what's caused this. Some may say interest rates, but rates aren't abnormal by historical standards.

Wrong Martin, rents will NOT go up. That assumes the RE market is a competitive market, but it's not. The RE market is a RENTIER market, making interest rates and debt financing more expensive, or having lower construction output will not increase prices in a RENTIER market. This is the same as a land tax being applied, in a RENTIER market a land tax does not increase prices. So rents will stay the same . That story is a boogie man story drummed up by the construction and investor lobby groups

Approvals are down as the Australian real-estate has priced itself out of the market ! It's so expensive, the rentier regime went over board with it, now it's unaffordable. There's no supply problem , apart from the artificial land restrictions all over the nation basically banning residential construction. If land was $10k a block, everyone would be building a house, even 2 or 3.

There is no housing crisis, there's a policy crisis of restricting land , all on purpose. Sydney to Wagga Wagga, 4.5 hours by car all EMPTY land , plain after plain,mountain after mountain.

In the Central-Bankster Warfare-Model, the central-banksters design an empire-building war from which they are set to benefit. They deploy the wholly-fictional national "debt" to "justify" to the slaves that they "must" pay taxes to finance that empire-building war. When "Team Antichrist" and its "allies" are victorious, the vanquished nation also pays war "debts" and compound interest to "Team Antichrist", which grows richer and richer from war to war. Eventually, the cumulative effect of hundreds of empire-building wars is the Talmudic "new" world order, and an absolute worldwide tyranny under "Team Antichrist".

We keep on getting Grubby Federal Government after Grubby Federal Government .

Steady as she goes for another 2 years then we can emerge victorious in 2026.We need to be cautious for now,i'm actually optimistic about New Zealand's future as long as we have a sensible Govt. in Wellington.🇳🇿🇳🇿🇳🇿👍🤞🙏

This has been going on for years. Australians have been domestically charged & paying more for gas here, than they were selling it to China for. That was going on easy 10 years ago. All retail suppliers of gas refills were VERY aware of it. Government sanctioned theft once again, to overseas buyers & BIG GAS.

We need to find who was in Government when these agreements were put in place, and who was specifically responsible on the cases at the time - ministers, consultants etc. The people who make these decisions on behalf of the country need to be named and there needs to be accountability. If members of Government knew they were going to have their name attached to outcomes + their pay/benefits adjusted accordingly, we might see better decision making in our own national interest. As it is, members of parliament retire with generous packages, after making decisions on issues where negative consequences won't affect them. It seems there is not enough incentive for them to get the best deal. The companies are of course parasitic, but they are doing what they are built to do - extract maximum income for minimum costs. Our government however, are paid by us to represent and work for the people's interests, and they ultimately control the regulations around our resource extraction. They have no excuse.

This is our resource the gas is all Australian citizens we should be as a country as rich as Norway or Qatar! But no the Australian government squanders it by just giving it away someone is getting a 💰💰💰💰💰

***Goes to buy solar....