unit glut will bring down the whole ponzi scheme, page-30

  1. 7,302 Posts.
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    the article was full of comments by agents who tend to be 'bulls', comparing things to 5 yrs ago. Here is an interesting thought, even though rents have crashed in Perth in high demand areas rents are currently still a little higher than they were 5 yrs ago.

    Lastly if it is true, that article confirms the total failure of negative gearing in providing affordable rental housing. So let's change it..
 
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