wage growth slowest in 16 years, page-33

  1. 38,075 Posts.
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    " That's the one thing that they have never been able to do.
    Been asked in the past, but never been answered."

    Hi Jebr ,

    I'm neither a bull nor a bear . I'm simply an investor that has both property and shares .

    I think your above statement is pretty ordinary given that there have been plenty of posts answering that question .

    Anyway , here's my version .

    Quite simply , it's population growth and continued employment . The population is increasing so those people need housing . The costs to produce those houses continues to increase . Employment remains stable .
    So while that situation continues , so will house prices . I don't believe we'll see the type of growth that we saw in the late 90's in Melbourne for example , but I do believe we'll see some steady growth over time .

    So , there you go . Now you have an answer.
 
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