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Old 28-04-2017, 09:14 PM   #56
GREGL
FF.Com.Au Hardcore
 
Join Date: Aug 2008
Posts: 548
Default Re: Australia housing bubble

Here is a simple easy to way for the govt to start the ball rolling. Outlaw interest free loans, this is almost exclusively used by investors.

Unfortunately as others have said any subsidy the government puts into play for more affordable housing only pushes prices up. History is never wrong.

For those that wish for a correction I can imagine that a whole new bunch of cashed up investors will be quite happy to take up the slack. Those with money in shares will just swap over to real estate. I know that's what I will do, and don't forget for all this to happen the banks will take a BIG hit so they aren't going to be offering 4% more like 8% +. So unless you have a good deposit in cash ready you may still miss out anyway

Then the cycle just starts again. It sucks but that's the capitalist system.
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