Brisbane unit rents have fallin considerably , if not in dollar...

Brisbane unit rents have fallin considerably , if not in dollar value but in incentives like first 6 wks free etc to get renters to sign a lease.
Also what about the number of people paying interest only ? Australia has an absurd level of personal debt and a crazy attitude towards personal debt..

It might all work out fine but if there is a significant downturn it would be disastrous for many families.

What i find funny is the amount of utes with signs like "f off we, re full " and the amount of people who want no more immigrants yet they want there property to keep appreciating . Dont these people realise population growth is one of the major reason for the growth.


Its very hard to call what will happen, but only a fool would deny that this country is at a tipping point .
On one hand population growth , reasources etc might keep Australia chugging along and defy economic logic as the country without a recession for the longest time in world history. With business as usual being the norm.

Or on the other hand it could hit the brakes hard and be consumed in the massive debt levels.

I cant decide which one???