@MikeBromley15@bowtiedstocks I wouldn’t be rushing into buy either. There will be an O/O market for them and combined with all factors, there will be steady rental growth as well. I just don’t buy the huge market crash talk in SEQ although I do see it being flat for 12 months or so
@MikeBromley15@bowtiedstocks Yep. 1. Will make it very hard to flood the market with supply. 2. High influx of people for construction and related jobs. 3. Should be plenty of support for those wanting/needing to sell. 4. Most SEQ housing just +\- 1M, so in the zone for FHB 5. Rent yields to increase.
@robpoll9@ausstockchick So many causes. Immigration, more sedentary people, more regulation, corruption, Govt infrastructure projects, general inflation. The Uniparty also outsourced social housing to investors. My point is that you can’t blame investors and investment in housing is essential
@robpoll9@ausstockchick Your contention is that essential items should not be profited from. I have given you a few (of many) examples. Capitalism rewards those who provide value to others via the supply and demand dynamic.
@robpoll9@ausstockchick Someone has to go into debt, raise capital etc to build a chain of supermarkets to sell food, purchase a farm and invest to grow food, do they not deserve a profit? Developers need to invest a huge amount, take large risks. Should they not make money?! Should builders profit?
@TMFScottP@rationalaussie It is if you look at it in real terms. That’s why ON is the most trusted party (according to the Polls) to deal with those issues. Who are you saying would deal with them better?
@katelhunter@ausstockchick Didn’t say I know all about it, but hearing the Acknowledgment of Country and seeing the DEI hires presenting and the absence of any Anglo, Hetero males gives you a good indication. Right up your alley though, so why aren’t you happy to pay for it?
@ElaineM11584892 Yeah, will be interesting to see if Labor imported enough to win🙄. You do understand the difference between good immigration and bad immigration right? Or are you just for mass, unchecked immigration regardless?
@katelhunter@ausstockchick If you can’t see that it’s become a left wing, DEI, partisan echo chamber, I don’t know what to tell you. Either it needs to be restructured to reflect mainstream Australia or a for subscription service. Either way it needs to provide value, not indoctrination.