David Burke

[David Burke @daithideburca]

@TMFScottP 1. During the Irish crash prices only fell by 4% per quarter. Sydney is currently falling by 4% a quarter. The crash has started.

[David Burke @daithideburca]

@bowtiedstocks It doesn't work if the debt is growing faster that inflation

[David Burke @daithideburca]

@tompanos Every crash looks like a correction at the start. In the Irish crash prices fell 15% a year for 4 years. I see Sydney prices down 4.1% this quarter.

[David Burke @daithideburca]

@ausstuckchick Less landlords doesn't reduce the number of houses. As property gets cheaper more renters will buy. And when rental yields hit 10% investor will return.

[David Burke @daithideburca]

@RBAInfo So now we need 1% inflation for 5 years to meet your target.

[David Burke @daithideburca]

@TheKouk But the target is 2-3% on average over the medium term. Because it has averaged about 4% for years, now we need to average 1% for years.

[David Burke @daithideburca]

@ausstockchick Inflation has averaged 4% for years, way above target, yet 0.5% real rates are appropriate?

[David Burke @daithideburca]

@JEChalmers It's been around 4% (way too high) for years

[David Burke @daithideburca]

@tompanos Yes, sell the unit, rent for 2 years, then buy a house for the sale price of the unit.

[David Burke @daithideburca]

@ChrisEconomist Inflation has averaged 4% over the past 4 years. Real rates of 0.5% is too low.

[David Burke @daithideburca]

@tompanos So I should sell, rent for 2 years, then buy back in cheaper?

[David Burke @daithideburca]

@nemagovau The ad shows fire and rain. Why would you need to alert the whole nation at the same time?

[David Burke @daithideburca]

@JEChalmers But because of your inflation and government spending, everyone is poorer.

[David Burke @daithideburca]

@bowtiedstocks The value added is equal to the cost of doing the work but it depreciates to zero over time

[David Burke @daithideburca]

@ausstockchick The only people who got wealthy are those who sold to rent or downsize or leave the country. The grandfathered owners will lose wealth in the crash.

[David Burke @daithideburca]

@JEChalmers Nothing ends a government like high inflation

[David Burke @daithideburca]

@RBAInfo Inflation has been above target for 12 months, and its trending up, now at 4%. You think real rates at 0.35% is appropriate? If it was this far below target you'd be having emergency measures.

[David Burke @daithideburca]

@elonmusk Yes, but only 1 billionth of the sun's power reaches earth.

[David Burke @daithideburca]

@AvidCommentator Yes, at what population will we have enough workers?

[David Burke @daithideburca]

@michaeljmcnair Will that new pipeline be deep under ground?