Agree with you, property would have tanked and crashed by now if immigration wasn't at records and foreign investment was not allowed to flourish like it is. We have Chinese and other internationals buying our properties (residential, commercial and industrial real estate) at record rates, but it does not seem to worry most Australians, as long as they get rich in the process. Who cares about selling out the country right?! The divide in Australia is the worst it has ever been, the haves and have nots. Yes, plenty of people are cashed up, but they are asset rich, they do not have the spare cash and liquidity to invest in stocks. Most Australians are compliant sheep. A certain something a few years ago taught me that well. They are told what to do after reading the newspaper, hearing a politician speak, or the MSM bs on the 6pm news.
The propaganda and psychological interference in relation to marketing and investing is massive in this day and age. All we see at sporting events, festivals, on the TV etc. is realestate.com, crypto.com, electric vehicles etc. It drags in the masses and sheep, approx. 80% of the population who cannot think for themselves to follow the lines and invest where they are told.
You have to wonder why you never see any stock market/commodity related marketing. The system is rigged against that. The super funds, institutions etc get richer because the compliant sheep doing what they are told (that is their role in the system). Work 9-5pm their whole lives, get a 20–30-year mortgage and then retire around 65-70 years old, just before you either get cancer, arthritis, heart issues etc and cannot even enjoy your years of tranquility anyway.
The system is rigged against us and the rothchilds, soros's, vanguard, blackrock etc will always win as long as they are able to continue this psychological control. Meaning the institutions are always more powerful and many steps ahead of the game. That's why they also have the power to manipulate the share market. If more retail had more liquidity to spend on the share market it would even out the game big time. Since there are limited shares on issue, if retail had a greater say things would progress a lot better IMO.
Anyway, enough of the rant! Another trading halt for pending results. Last results weeded out a lot of weak hands and those wanting out for tax sell time. Results were good last time and above expectations, but I had the feeling the market wants more sustained information and more 'discovery like' information. Further high-grade results would help confirm that and hopefully get the market a lot more intrigued and interested. We need more market attention and longer-term investors to get the share price moving and take away the ability to manipulate and hold down the price. Hopefully these results go a long way to ensuring that takes place.
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