@pingucapital: Both Australia & Canada have enormous debt fuelled housing bubbles. #australia #housing #realestate #realestateinvesting #property #propertyinvesting #ausproperty #crash #

Pingu Capital
Pingu Capital
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Region: AU
Sunday 24 November 2024 21:52:43 GMT
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matt_williams_nz
Matt Williams :
It’s not a bubble. It’s one of the most beautiful, nicest, cleanest places to live in the world, of course it’s going to command higher prices…
2024-11-25 04:40:45
9
kellysimscity
kellysims🇦🇺 :
It’s not a bubble for australia, it’s a lack of housing built vs population growth 😳
2024-11-25 15:57:14
28
bennoyaknow
Bennoyaknow :
Been watching you make graphs to try and prove your position for a long time now. Nothing yet though
2024-11-25 14:46:02
8
bballnine
bballnine :
Not sustainable. Debt levels are exploding 🚀
2024-11-24 22:20:46
44
deegmeister
Deegmeister :
sitting here with zero personal debt 😏. I may not own much, but I'm happy, my business is doing OK and I'm healthy.
2024-11-25 03:45:48
23
fatkav2
Jean Le Gateau :
Sydney house owner here. Very glad not starting out now to buy a property. Took the plunge in 1990 just as mortgage rates hit 17%. It was a gamble - needed 2 good incomes on a 2-bed apartment. But 36 and trading up twice, 36 years later I’m glad we took the plunge. It was mortgage or rent, rent pays the landlord’s bills. The state government’s stamp duty is exorbitant though
2024-11-26 09:12:28
5
davenavarro6155
davenavarro6155 :
in Melbourne they are predicting an oversupply of housing early next year. people will have choices where to put their money
2024-11-24 22:23:05
7
reginaldnittup
peanuts :
of course there the same. all banking is from one place. the colonies all are registered company trading on the ASX.
2024-11-26 03:32:23
0
betterer
The Betterer :
most mortgages in the US are fixed for the life of the loan. so
2024-11-25 11:31:24
4
locksat2
locksat2 :
A lot of people talk incessantly about this housing bubble like it’s gong to burst catastrophically but it’s simply not true.
2024-11-27 02:58:11
0
grumplestilstkin
GrumpALump :
Both great places to live, so will never drop down to USA
2024-11-25 05:21:08
0
dj_hammertimee
DJ Hammertime :
The moment you realise money loses half its value every 10years not property getting more expensive 🤯
2024-12-05 07:58:09
1
dambusterz
user7214740517840 :
are you sure about these stats because the US is reporting record levels of househd debt and no wages growth?
2024-11-25 13:49:48
0
sidarial
Sidarial 🇦🇺 🦈 :
Houses are so cheap in the U.S. my wife and I were looking at a 4 bed 2 bathroom 2 storey with garage before we left and moved to Australia and it was only around. 200k usd.
2024-11-25 16:57:45
1
mikeonbrand
Mike Bromley :
No surprise Canada is going to zero NOM and ostensibly looking to burst this, just kills long term business growth.
2024-11-25 05:04:27
2
nikottas
Nicholas Lynch :
It isn’t some bubble that’s going to pop. Supply will slowly catch up to demand and this crazy growth will slow down but you won’t see huge price drops except maybe in a few unlucky places.
2024-11-26 10:34:27
1
yellowcake308
Paladin :
last two sales broke existing record in Kensington by over 800 - 1 million
2024-11-25 21:56:46
0
user88108065331775
user88108065331775 :
Broken record
2024-11-25 04:43:23
0
seshcult.com
APONYDRIVER :
I wonder how the supa gonna handle the crash seeming so many supa funds either invest in large develop companies or housing market as a whole.
2024-11-27 12:47:10
1
user46166611
user461666 :
Well its nice to know Canada isn't alone. We can be housing bubble buddies!
2024-11-29 00:09:40
3
user5681272807711
user5681272807711 :
Most properties are being sold prior to auction following a weak spring season.Without an interest rate cut,the market will continue to decline and quickly as distressed sellers flood the market
2024-11-25 21:40:08
1
foxy_2014
Pamela_10543 :
Both on purpose
2024-12-07 14:46:52
1
user7139206733881
user7139206733881 :
One of the “H” is for “Household”. What is the other one for?
2025-01-13 13:00:45
0
bballnine
bballnine :
Everything mean reverts... 📉
2024-11-24 22:22:54
2
masteraloo
MasteraLoo :
The agenda for the common wealth countries.
2024-11-27 09:19:06
0
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