You are 100% right there, if it wasnt for unsustainable immigration the houses prices would be nowhere near what they are now & young people maybe able to afford a home, not anymore. I met a gay couple from Sydney not long back, they are that close to the wind that their budget comes down to the nearest $2.. Crazy especially if interest rates rise, if Melbourne & Sydney house prices fall by 10% run for the hills because Australia will see a Tsunami. Regional Australia is already in ressession, take WA & areas of Queensland like Mackay & Rockhampton, businesses closing almost daily. Banks will have a bucketload of houses to sell in 12 to 18 months...
You are 100% right there, if it wasnt for unsustainable...
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Last
$132.74 |
Change
-1.870(1.39%) |
Mkt cap ! $222.1B | |||
| Open | High | Low | Value | Volume |
| $133.10 | $133.50 | $132.52 | $200.1M | 1.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $132.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.83 | 771 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CBA (ASX) Chart |