Terrorist attack Westminster, page-139

  1. 42,194 Posts.
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    Those huge chunks of oz are like the huge chunks of pilbara, just dirt in the ground waiting for investments to dig them out. As for property boom, the same apply when mining boom kicked in here, affordability was sky high but the mining boom provided the inflated income. Meanwhile syd/Mel were losing folks of all kind heading into inflated jobs here.

    When oz economy is still running great from their yard stick measurement countries, a low interest rate will always attract property punting. If it isn't in oz best interest, the authorities could impose severe hurdles. Just this week, do you see beef producers whining on beef exports? You are implying most investment property is foreign owned. Almost half of purchases are investment probably made with negative gearing.

    If you want one sided trade with only one winner you belong to hard ideology and the past not reality. I have no reason to an open society, wasp concept of the past is dead. If it was around we would be left way behind.
 
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