as you might now… 2008 was a real estate crisis, according to Dr Prof Ehnts 1929 was a combination of stock market crash and real estate bubble bursting… now let’s hope “they” won’t get the timing right this time.
Australia’s housing market cooling sharply
Lalaine C. Delmendo | December 10, 2018
“After six years of strong house price rises, Australia’s housing market is now slowing sharply, mainly due to the introduction of market-cooling measures, including stricter lending restrictions and the imposition of higher taxes on foreign investment in the housing market.”
- Strong and stable economy
- Low to moderate transaction costs
- Tenant-neutral rental market
- Strong rental market for migrants
- Moderate effective income tax rates
- Prices have risen too far, too fast
- Interest rates are rising rapidly
also interesting: law is different country by country
Landlord and tenant law: a regional comparison
it’s always the same with capitalism… it “works so well” that it completely get’s out of balance – on purpose?
But who profits?
Those that see it coming and shop cheap during disaster – after all you all probably know the old Baron Rothshild’s saying – you have to buy when blood is running on the streets – mankind is not savage by nature – capitalism is.
“Housing and banking expert Martin North North has criticized developers and the housing industry for “throwing up” high-rise buildings at such alarmingly fast rates.
He warned viewers that significant defects and safety concerns are imminent.”