Thread: The Largest Loss Of Market Value In US History Just Happened on Trump's Watch
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Old 07-26-2018, 10:42 PM  
BaldBastard
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Join Date: Jan 2001
Location: Sydney
Posts: 15,888
Quote:
Originally Posted by Goethe View Post
Aussie house prices are dropping too https://www.theguardian.com/australi...-for-six-years

I can see a big fallout in the next couple of years. The average house price in Sydney is 1.1 mil and the average salary is 65k. Something’s gotta give.
Average Salary 65k ? in what Ghetto is that?

Houses have not risen as much, price is still going up, don't forget the Australian Government has been doing everything possible to curb the housing price.

Sydney house price stall is caused by the Government, clamping down on investment loans, which given the direction Trump is driving the USA economy is a GOOD THING>

Outside my window, I count 15 cranes in North Sydney
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