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There will be no boom without foreign money as Australia is too...

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avagadro

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26/09/19

19:44

Post #: 40594862
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Originally posted by omeara29 ↑

With interest rates at record lows and further cuts likely and credit being made easier we are on the cusp of another housing boom which in time will lead to a housing price collapse triggered by another GFC type of calamity. This will take about another 8 to 9 years to eventuate but real estate cycles have repeating patterns that are predictable.
This happens because governments and banks need a housing boom to prop up the economy and profits.

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There will be no boom without foreign money as Australia is too debt laden domestically. We need China 2.0 to happen somehow.
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