what will prop up the property market from now, page-11

  1. 1,469 Posts.

    "Well they wont get back to 9.45 unless we have 12 x .25 rate rises which is highly unlikely."

    why is it highly unlikely, considering the current financial status you would assume it would be a high posibility, infact higher rates to come, 10% home loans is still cheap historically.


    "Stimulus from what? The $900 u got?"

    lol i didnt get $900 even though i pay lots of tax.. there has been many stimulas's, more than you would probably be aware of, even schools get paid stimulas money now to spend ontop of their normal allowance, there has been more stimulas's than you can poke a stick at, people spending money creates jobs..


    "the supply issue is in rentals!

    Even more reason to buy then isnt it?"


    actually i would say NO, reason being the only reason there are so many people desperate to rent is from housing unaforability forcing people to rent longer. When housing afordability becomes better, ie price falls, or inflation on wages, renters will buy house's and move out the rental circle, with a large number wanting to get out of renting you will have a over supply of rentals..



    "Negative gearing, interest deductions, asset protection through trust setups, self funded super with tax incentives, depeciation, and so on and so on."

    none of this is new? why will that create buy presure now?









 
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