Prices stay constant for long periods or go down so the average person can save and buy a house or what ever.
The price raises in housing have only ever gone mad twice and the first time was after world war 2 and the second time was from 1999 to 2005.
All the other times the prices followed inflation from 1972 onwards.
With bullion backing the currency the country does not devolope as it has done but and this is a big but the average person is not saddled with debt they can never repay as it is today.
There are 120 000 house holds in mortage stress today if interest rates go up 0.5% there will be 600 000 house hold under stress and a 2% raise will put 2 million under stress.
We can not keep going like this if we do not get some very hard decisions made by the pols. for this country we will end up as third world nation along with all other english speaking nations.
Mr Paul Keating would say every two weeks if we do not change we will become a banana republic, hello banana republic
If you listen to Dr Ron Paul in America he is telling it like it is, so i hope for there country that they elect ron paul.
- Forums
- ASX - General
- ASX
- retirement age should be raised to 67
retirement age should be raised to 67, page-30
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASX (ASX) to my watchlist
|
|||||
Last
$61.54 |
Change
0.640(1.05%) |
Mkt cap ! $11.93B |
Open | High | Low | Value | Volume |
$60.70 | $61.72 | $60.53 | $34.55M | 562.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10 | $61.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$61.64 | 358 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10 | 61.470 |
1 | 1489 | 61.400 |
1 | 1489 | 61.340 |
1 | 358 | 61.300 |
1 | 1489 | 61.290 |
Price($) | Vol. | No. |
---|---|---|
61.640 | 358 | 1 |
61.690 | 1489 | 2 |
61.700 | 16 | 1 |
61.740 | 1489 | 1 |
61.770 | 1000 | 1 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
Featured News
ASX (ASX) Chart |