50% rise in a few years - yeah its called a bubble and you know...

First 113 Last

Share
Profile

Follow
KyloHoek

28 Posts.

1

09/05/22

13:45

Post #: 61289401
Share

Originally posted by Forged: ↑

6.4% drop after 50% rise in few years is nothing, it's a mini retrace. Overall is still higher high, higher low in the past decade. If you follow this principle in stock market you'll be very rich.

Australian housing will remain strong because:

1) Strong demographic growth similar to the 70s era
2) We don't have housing inventory for sale
3) We have the lowest vacancy rate in the history
5) We are in the multi years inflationary cycle
6) Inflationary cycle boost our commodity resources which attract a lot of foreign investors looking for commodity
7) Strong commodity prices strengthened AUD
8) Strong job market. We don't even have enough people to work in variety of sectors which will drive lots of foreign workers soon or later
9) Rotation from bond & stocks into commodity will further solidify Australian economy.
10) Strong retail sale figure (malls & online deliveries are chock-a-block)
11) Paradise destination for foreign funds into commodify countries like Australia, Canada, Indonesia, etc.
12) Builders aren't building enough housing. Homelessness are on the rise... asset holders & rich people are getting richer
13) We are 30% of global uranium exporter. When oil & gas deplete... uranium is the next alternative in very near future.
14) Any renter are exiting new 100 people (local, first home buyer, investor, migrant or foreigner) on the queue will get into that house. Surely 10 out of 100 have plenty of money.
15) Any house for sale will be immediately absorbed by 100 people (local, first home buyer, investor, migrant & foreigner) looking for a house. Surely 10 out of 100 have plenty of money.
16) We don't have enough home, including social housing. Sorry....

Expand

50% rise in a few years - yeah its called a bubble and you know what bubbles always do, eventually?
3 Upvote

Reply