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  1. Peter 14.7

    McKinsey on Deleveraging

    If only possible:) Peter
  2. Peter 14.7

    McKinsey on Deleveraging

    We did, they were called Terrace Housing. I had one. 52m2 - 2 bed (originally serving 3 kids and 2 parents) covering 95% of the block (Originally, covering 85%. Outside toilet. No parking. Close to city read jobs. Parks nearby. Pubs and Shop on every corner. Peter
  3. Peter 14.7

    McKinsey on Deleveraging

    Exactly, but if you said, ok have your land cheap but you have gravel road, no main rads, no water, no sewer than all hell would break loose. When people compare Aus to Europe like say Netherlands with beautiful squares, trams, cafes, et al they fail to point out 85% of housing is gov owned...
  4. Peter 14.7

    McKinsey on Deleveraging

    There are no simple answers. Firstly, I dont think across Countrys can be compared. I hear, UK and USA has an oversupply of homes. Aust has undersupply. The fact is you will need a massive, and I mean MASSIVE, change in the economy and mindsets for an lowering of house value. And is...
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