Australian economy is nothing but property flipping, page-25

  1. 31,806 Posts.
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    Sharemarket is rigged and yes in gfc a poor guy l know that was to retire ended up having to keep working because his super mainly shares dived...anyway l believe in my kids having a chance to buy a house so prices being lower is not end of the world
    Again if you bought at auction and paid 200k over reserve well then you might be upset the same as if you bought a stock that was 20 bucks a share and now 15 a share difference is media is not singing the same type of song in reporting such drops as the big crooks feed of us little players
    House is an asset but when you live in it you need it unless you want to rent etc and move family around etc etc
    Choices that people have to make l suppose
    In saying that pretty hard to buy when everything is very expensive...same could be said about some shares maybe media could promote some stocks that are going to dive so everyone gets an opportunity at buying a bargain same as they are saying about house drops etc
 
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