Oh dear, shocking news out today from all fronts, immigration is down, population figures hammered, house prices dropping like flys from a zapper machine....and on top of all of that, interest rates set to go to the moon... sounds like aliens from another planet...
or sounds like armegeddon.....the way some are calling it....or the house price crash group....
or it could be nirvana to others...
and to top it all off....there is Swan, eyes and ears closed, sprouting how he brought this country thru the gfc, and how it will be heaven again....real soon
except for the fact, banks are not lending to small business, small business has been brought to its knees...swan is not listening nor interested... except small business are the biggest employers in this country...you wipe them out...then watch out for the unemployment figures to rise...
the bears love the conspiracy theories.....about the housing industry......but the real conspiracy is from the bears themselves, since they only focus on the highest prices in the capital cities, as if every house in OZ is the same size and price....
property investors should ignore the media and press , LSN Lame street news....main street media or msm they call themselves...is such a waste of time....
I imagine the press is hurting from lack of RE advertising, so they need to squeal with sensation, to sell their lame street news..... RE advertising is no longer required, all the agents list their props on the internet, for a fraction of the price, of LSN advertising.
