Yes Australia is a lost cause.
Lazy property speculators backd by a frighteningly inept Govt at all levels have wrecked a once quasi industrious country.
In Melbourne, the second most failed state in Australia (ignoring Tasmania of course), no cars are made anymore, the Boeing aircraft factory has been shut down and sent to India etc etc BUT it still has a property 'boom'.
How can you have a property 'boom' when industrys are closing down you may ask?
Sell house to Chinese - it will make the little and stupid people feel wealthy today but who cares for tomoro.
Inept.
Btw - where are all those 'new industries' that the year 12 economics text book told you would spring up Tony Abott after u closed the car industry down..
Oh thats right - they are in 'services ie serving coffees at cafes and selling education to Chinese.
What a champion!
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