gold, page-75039

no doubt

Many a negatively geared property getting great
income via Airbnb et all are now forced to take massive haircuts - not long ago many of the majors were offering Airbnb type management

negative geared means it’s a loss making investment - loss of job and pay cut means less tax paid to fund the bubble - less mega payouts on Airbnb short term rental weekends away have also seen income Fall on these style properties

some
Would get a week on long rentals what they were gouging sometimes for a weekend away

certainly seen many properties in sydney and qld that we’re really making a fortune short term renting hitting market for months for sale or rent at huge discounts——

was recently checking something out that is for sale in qld for less than it was purchased for in 07 after a series of price drops

property here has been funded by government for ages by neg gearing and everyone seems to have the same model-
revalue-
leverage up and
buy another

over due for a correction imo

it’s so out of whack to compatible property I’ve seen overseas

states won’t be happy with loss of stamp duty

but note your theme of inflation-

existing housing - which are mainly used for air bnb etc are generally not new housing

existing housing stock is not included in CPI calculations