They’re executing the shakeout flawlessly,
Retail panic sells, just as planned.
While the wealthiest accumulate.
The biggest holders are the same ones who told you it was worthless.
@themarketsniper explains this perfectly.
This is 100% why the 18.6-year real estate and economic cycle must repeat and will never be stopped UNLESS there is a fundamental change to tax policy towards labour and land.
Watch this from @db_fink
The median dwelling value across Australia’s combined capital cities hit $1.01 million in the December quarter, including houses and units...more than doubling since 2012 when it was just below $500,000." - Domain
Australian real estate prices lag the US. Here we are in the 18-year real estate and economic cycle: