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nippy

14,942 Posts.

904

07/06/24

10:49

Post #: 74210952
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Originally posted by rona142: ↑

I don't disagree, I've lived and breathed how hard it is to get into the market. Trying to buy land and each developer has basically a different lottery system/game to get a priority number to potentially buy a block of land.

The system sucks but you either adapt or get left behind. There's too many vested interests for a reset to ever happen. Look at the current immigration numbers it's a clear strategy to prop up the market. Creates enough demand to swallow up any distressed selling.

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There have in fact been many resets around the wrold including right now.

Look at the ghost towns in Japan and China and earlier Ireland. $1 properties in Japan are available and China is demolishing newly built apartment blocks......

Last edited by nippy: 07/06/24
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