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  1. K

    Tanking AUD effects on housing market

    As you say so, that would only confirm that there is a high demand for Australian properties. When there is high demand and supply is short, price will hold or go up. As an interesting observation, a whole floor may sound a lot but in fact it is not. If a unit can house three persons then a...
  2. K

    Tanking AUD effects on housing market

    Sumterrence, It appears you have a strong assumption that asian people who come here to buy are full of money, speculative and naive? :confused: :eek: :o
  3. K

    Tanking AUD effects on housing market

    We can sympathise with people feeling about high prices and I guess they can learn how to make the situation works for them. Buying a first home is always hard, never been cheap, never been easy, through the generations. The reality of Australia being an iconic place to live is something we...
  4. K

    Tanking AUD effects on housing market

    Are you thinking about the speculators who buy, rent and pray they can on-sell for a profit?
  5. K

    Tanking AUD effects on housing market

    Many people who claim Australian properties are overpriced often ignore the reason why foreigners want to come to Australia in the first place. Being a big, remote and isolated island with plenty of resources, renowned education system, stable government and stable financial system...
  6. K

    Tanking AUD effects on housing market

    As AUD sinks further, Australian property prices will continue its march to the north because the lower AUD exchange rate will make Australian properties cheaper to foreign funds. The situation is exacerbated by RBA need to stimulate the weak Australian economy by either lowering interest...
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