there's no sign of that where I live.
10,000 tradies wouldn't even make a dent in the demand for property around here,
Your hero Peter Schiff bangs on almost every day about debt and huge crashes
Do you think the immediate surroundings of where you live are the best gauge of the future of Australian and NZ property markets?
Are you capable of making cogent responses without referencing Schiff, or Rickards?
It seems that you can't.
Schiff is not my hero, and I couldn't give a toss what he has to say.
You must feel your arguments are so weak that you try to bolster them by constantly referencing Schiff or one of his ilk as a kind of crutch.
The below articles are not being written and published by Peter Schiff -
disallowed/business/companies/property-slowdown-starts-to-bite-in-outer-suburbs-20180904-p501qd.html
Property slowdown starts to bite in outer suburbs
By Simon Johanson
5 September 2018 — 12:00am
The slowdown in Melbourne’s residential property market has spread to the city’s fast growing outer suburbs where sales of land lots are falling and prices easing.
Suburbs like Tarneit, Armstrong Creek and Mernda on the city’s west and northern fringes are often considered some of the strongest residential land markets in Australia, driven by young first-time home buyers.
But rising affordability concerns across the city have begun to bite with sales volumes falling 30 per cent over the June quarter to 4,264 lots, according to research from land marketer RPM Real Estate Group.
https://www.yourmortgage.com.au/mor...ustralias-housing-market-experts-warn/254604/
The worst is yet to come for Australia's housing market, experts warn
By Gerv Tacadena 6 Sep 2018
For many economists, the Australian housing market should brace for what could be the longest and deepest downturn in Australia's modern history.
In a report from The Guardian, economists said the market is about to feel the full impact of the tightening of credit and the rising mortgage rates.
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