You really have got to consider what a house is worth to you today?
Someone mentioned years ago that having a house is a way the government can lock you in, keep track of you and tax you and fine you to death. Then there's all the maintenance costs, rates (mine are 4 times higher than Toorak), energy costs.
Yeah I reckon the reality of what a home really is today will come home to roost one day and people will just rent. If they change negative gearing rules then things are not going to be god. Everything works in cycles and the housing cycle is slowing down in the housing industry.
why the big sell off?, page-15
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add REA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$213.25 |
Change
0.950(0.45%) |
Mkt cap ! $28.17B | |||
| Open | High | Low | Value | Volume |
| $211.29 | $213.49 | $209.65 | $31.05M | 146.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 457 | $213.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $213.44 | 1100 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| REA (ASX) Chart |