Young males and Gen z in particular are not saving ( most in huge debt via HECS and credit cards and wanting to keep up with the stupid social media influencers ) and this will create a big problem for property prices eventually for one simple reason. When the boomers start dying off and or selling their won't be sufficient buyers with $$$ to pay current prices. So, prices will have to fall to what they can pay.....
The following article fleshes this out some :-
The ‘growing crisis of the young American male’ could send home prices falling for years or even decades, says the ‘Oracle of Wall Street’ (yahoo.com)
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- The market in 2023
Young males and Gen z in particular are not saving ( most in...
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