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The future of Australian property prices

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Absolute brilliance
 

Yeah yeah.. I heard it a hundred times. Property in Australia is going to crash since the 90s. See who's going to come out on top. Renter? lol

If property is going to crash, then the economy is really in a deep trouble and everyone suffers not just property investors!!
 

I don't think anyone disagrees with that but you still have to face reality even if you would prefer not to, and yes the economy is in deep trouble if the stockmarket charts are telling us what the future holds. However when we come out the other side we will still have a better lifestyle than our parents just a dose of reality for getting too far ahead of our productive capacity IMHO
 

Can you please supply some of these charts. I have recently heard a nos of the country's leading economists talk. They are all of one invoice - things are pretty good, not brilliant, but pretty good. One stated the AUD may fall a bit, another it will go up to parity. All the same on property - will stabilise with a possibly slight downward trend.

Would sincerely loved to be proved wrong but can not see it and have looked at hundreds of charts lately none indicating significant concern for oz.
 

Only 2 this is off topic if the economy is off topic for house prices long term trend lines broken and rallied back is that good enough?
 

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hello,

can you please keep the stock/business charts to the relevant stock thread,

that business has no association with property what so ever

thankyou
robots
 
property ain't gonna crash. the fundamentals don't support a crash theory right now.
but it can go higher from here and get out of hand. hence why the RBA is raising rates.
 
joeyr46 said:
Only 2 this is off topic if the economy is off topic for house prices long term trend lines broken and rallied back is that good enough?
Click to expand...

I am totally confused .

How's this chart has anything to do with Property prices?

I don't know where you are going at.
 
hello,

yes Overule, its the same strawman details of previous years

its the fairest and most open system going around and society benefits enormously from housing

look around in the office/workplace and you will identify the person doing a bit less, smoke breaks all day, doesnt finish their reports, shovel holds them up

are they the ones that can be better off in society if house prices are different?

thankyou
robots
 
matty2.0 said:
property ain't gonna crash. the fundamentals don't support a crash theory right now.
but it can go higher from here and get out of hand. hence why the RBA is raising rates.
Click to expand...
I reckon the fundamentals of house prices are crap, but other fundamentals will support prices.

I think people want an inflation hedge, they suspect inflation will break into a canter, property seems to fit the bill. I still don't have a view of where nominal prices are going in the next 5 years, 'cept that I don't think they will crash from here. Might oscillate a bit, maybe some small falls, plateauing etc, but no crash.

Equally, prices could break in a racing pace gallop if inflation and wages break out.

N.B. Comments apply more to UK and now NZ markets... don't know squat about the Aussie market anymore. But suspect the same factors at play.
 
to Robots, Beej, other property investors...
I wish you a merry christmas and have a prosperous new year...
keep up the good work....
I do check in from time to time to see how you are going...
it has become very quiet on here...
anyway all the best...
cheers
 

All i am saying was houses will not crash easily. It might fall a little in value but i don't expect a crash.

If house prices crashed, no one is going to be better off.
 
I have been very active in property investment for the last 7 years. Going up, coming down, or moving sideways....gee almost sounds like the share market and Im new to the share game.

Lets look at the facts here.

Just like shares, property prices move, however, it is generally slower than the sharemarket. Look around you and you will see people who have lost money in the property market. Beginers (first home owners) hear how "easy" it is and jump in, 5 years later, their house is barely worth more than they paid for it
Since being on this forum I have seen a number of people say "success comes with time, and practice" "it took me 3 years before I consitently made profits" etc etc etc.

Property is no different. It is just a different asset class. Personally speaking I love "property busts" I make a lot of money during these times. Personally I battled during the boom, it was no good for me.

To the "neysayers" here, look within. You make money in shares - why? not because the sharemarket is stable, consistant or otherwise. It is because you learnt do's and donts, developed a system and stuck by it. Removed emotion from your decision making and made (mostly) rational decisions.
Do the same with property and reap the rewards.
Its not better or worse - just different.

Wishing you all the best.

Tony
 

hello,

thanks Kincella, will keep the flame going for equality

Merry christmas and all the best for the festive season

thankyou
robots
 
I was wondering what areas people are interested in buying property in?

Personally I've just bought a property here in the Pilbara. Why?

Although a high entry costs, properties are generally positively geared.
Karratha and Port Hedland to be developed as cities.
State Government putting loads of money into infrastructure.
No longer boom or bust for mining towns.
Increased population.
Insufficient housing to meet demand.
Expansion of Port facilities
New mines opening will continue to increase.
BHP have stopped building homes for their employees.

Where do others see potential?
 

Yes, good to see your name Kincella.
Wish you and your furry friend a great Christmas.
 
Investor82 said:
Everywhere - depends on your strategy.
Click to expand...

So far I have only invested in WA, I've gone for affordable areas with easy walking distances to public transport. But WA is easy given the resources boom. Property prices are bouncing back here very fast. Even in yesterdays press there was a new record set at the high end of the market.

I have not bought interstate because it would mean stepping outside what I know. The general chatter about stats or reports is not giving me a feel for what is happening over east. I'd just like to know what is attracting property investors to other areas?
 
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