our population is growing ..currently 24m
Australian cities have a housing shortages ..
interest rates are so low at 4% fixed
4% 5year... fixed ..interest only ....Mortgage loan is ....Cheaper than RENT ....of the same Home.
so most people Either pay Interest to Banks happily..as well as picking up a 5% Capital gain pa
..or they can pay a 3% to 5 % Increasing RENT fee pa ...to Live in an OZ Home .
Banks Demand 10 to 20% Equity input from Borrower to Buy any home = 20% Buffer for Banks
we have a Fine Balance between Home shortages V demand for accommodation
Rental Costs on $1m homes V Interest rates cost on $1m homes are Favorable to Banks and Owners.
Banks are Safe in OZ from... any deterioration in Home Loan Mortgages in Cities .
..as the AUD falls Under 70c Mining activity will recover from lows
the Mining towns Activity and Valuations will Revive with ..a revival in Gold mining and a IO price recovery in the WA region ...backed by a Lithium Boom taking place in WA soon.
In the meantime Our Banks make Lots of Money and Give us Lots of Juicy DIVIDENDS
- Forums
- ASX - By Stock
- CBA
- World Markets..Breakout Started ..Recovery uptrend
World Markets..Breakout Started ..Recovery uptrend, page-11
-
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CBA (ASX) to my watchlist
(20min delay)
|
|||||
Last
$134.45 |
Change
0.260(0.19%) |
Mkt cap ! $225.1B |
Open | High | Low | Value | Volume |
$135.40 | $135.40 | $134.28 | $129.6M | 960.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 549 | $134.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$134.46 | 207 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 99 | 134.430 |
6 | 269 | 134.420 |
1 | 92 | 134.410 |
2 | 112 | 134.400 |
7 | 230 | 134.390 |
Price($) | Vol. | No. |
---|---|---|
134.460 | 520 | 8 |
134.470 | 250 | 2 |
134.480 | 81 | 2 |
134.490 | 201 | 6 |
134.500 | 840 | 8 |
Last trade - 14.08pm 03/10/2024 (20 minute delay) ? |
Featured News
CBA (ASX) Chart |