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nippy

14,653 Posts.

887

03/10/24

08:37

Post #: 75954657
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Originally posted by Roostercogburn: ↑

But don't you know according to the Doomers on Hot Copper the Australian house prices are going to collapse.

Cue Doomers to put up a link of some commercial property price fall or business failure in the US or UK or Uganda, anywhere but Australia.

The prices will not fall until supply side is rectified and until then immigration is restricted.

We have added to our portfolio early this year and seen substantial gains, there are many missed opportunities waiting for the sky to fall.

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Apartments in Melbourne have fallen 19% or so.

Yes there are always exceptions.

Jobs are the real arbiter here. So far so good but when the jobs start disappearing watch out.
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