Sydeconguy

Econ guy

[Sydeconguy @qqwertyuiop2000]

@burner_v3_r1 @88888sAccount Boomers

[Sydeconguy @qqwertyuiop2000]

@Empty_America Why so hot? Too far inland?

[Sydeconguy @qqwertyuiop2000]

@parrapower2022 Again this propert needs to be 1-1.5m for any level of affordability. Needs to be below $1m for real affordability

[Sydeconguy @qqwertyuiop2000]

@Ausproperty95 Still nothing needs to fall 50%

[Sydeconguy @qqwertyuiop2000]

@Empty_America Got a blog article about this?

[Sydeconguy @qqwertyuiop2000]

@julianjpotter @Ausproperty95 Isn’t it a tax thing? I am assuming ?

[Sydeconguy @qqwertyuiop2000]

@DrCameronMurray It’s also true. You’ll stop the populist upswell and we can change the economy to focus on productive things

[Sydeconguy @qqwertyuiop2000]

@trentjhughes At hotels or?

[Sydeconguy @qqwertyuiop2000]

@ausbtcclub Insufficient

[Sydeconguy @qqwertyuiop2000]

@ShaziGoalie Is it slowing? Or continuing a pace?

[Sydeconguy @qqwertyuiop2000]

@parrapower2022 @samstrades Again the nutty thing is this needs to be <1m for affordability

[Sydeconguy @qqwertyuiop2000]

@sns_trader I wonder what price things catch a bid?

[Sydeconguy @qqwertyuiop2000]

@David_McMahon75 So ETFs?

[Sydeconguy @qqwertyuiop2000]

@bowtiedstocks Yeah housing has to drop 50%

[Kacper Piotr Kaminski @Kacper_PK_CH]

China real estate prices back to 2006 levels… just incredible. Unwind of a massive bubble without breaking the economy.

[Doc Strangelove @DocStrangelove2]

The only and best time to post this.

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

Imagine an 1860s town in the midst of a gold rush.

Property prices have surged as a result of a temporary event.

Then more people start arriving than homes can be built, pushing up rents and by extension home prices even further.

Then as the temporary factors supporting the market are set to mean revert, people complain they don't want prices to fall.

That is thematically what has effectively played out in Australia since 2019.

Some folks want their artificially inflated prices to stay, even though the factors supporting them were largely temporary.

[Scott Phillips @TMFScottP]

This is your new go-to chart any time someone complains about the tragedy of falling house prices.

[Sydeconguy @qqwertyuiop2000]

@bowtiedstocks Again the scale of declines needed is fucking huge