I’d rather be homeless than live in western Sydney.

@australiatruelyasia6825

Ай бұрын

then get something on northern beaches or continue to sail on a cruise

Thanks, Martin, Steve made a good point that all older viewers will know instinctively that rates are actually not high at all. They are just about average 😮

Why is there no policy to curb investors from pricing out first home buyers? Albo asleep at the wheels?

@joekeegan-yc4nm

Ай бұрын

Yep, he's hardly breathing.

@Elemenopi205

Ай бұрын

He’s been asleep since elected in 2022

Australians are going to resent Chinese investment soon . So many downsides, very sad unfortunately

@joekeegan-yc4nm

Ай бұрын

No it's not!

@scorp2011hd

Ай бұрын

@@joekeegan-yc4nmyou’re just SOOOO NAIVE🙄

@joekeegan-yc4nm

Ай бұрын

@@scorp2011hd Before you or I are no longer here it's possible the world maybe at war. Gee I wonder who the enemy could be. 💯🎉

I haven't seen anything come down in price.

@Good-Loser-e3f

Ай бұрын

Prices are never coming down. The RBAs target is for prices to grow every year by 3%

@joek292

Ай бұрын

you won't see deflation, only disinflation

@jimmyhvy2277

Ай бұрын

The Only way is UP !

@HP66856

Ай бұрын

$2-$3m price bracket has seen falls in Brisbane.

@jimmyhvy2277

Ай бұрын

@@HP66856 It Will Go Up !

"The interest rate cycle" otherwise known as the "Reserve Banking scam" or the "Consolidation of hard assets into the Banking Cabals ownership"

There's a financial cost to refinance (fees). Also, fixed rates mean you can't make extra repayments. I'm concentrating on extra repayments... And interest rates are normal, not high. If you think they are high now you ain't seen nothing yet. We have a generation or two of increasing rates. Think of the seventies or eighties.

@joekeegan-yc4nm

Ай бұрын

Go for it buddy! I root for you!

I've never seen so many Investmemt property gurus on the internet as late. Self- leveraged to the eye balls. Australia cannot keep going on its Aussie housing Ponzi scheme in a way of relying on immigrants, holiday makers (air bnb stayers) and government policy to continue propping it up. If society focused on paying their principle place of residents and invested in manufacturing, technology or other means of transportation for international interests then this house of cards would not be balancing on its paper and in its stead actual financial stability. It's not a matter of if but when with the great Australian house of cards. Martin I ask you as I am interested in your answer. If in our life time the cards crash on the Australian Housing market. What do you believe it will be? - Wages out of reach for investment? - Credit serviceability defaults? - Government policy/ negative gearing & SMSF taxable rightoffs on investment propertys? Or anything else that comes to mind that may have overlooked?

@duaneahearn5278

Ай бұрын

Ps great show Martin, I thoroughly enjoy when Steve is guest on the segment. Sincerely D. Aiden Ahearn

@joekeegan-yc4nm

Ай бұрын

I think hold like that Mohican dude till 2027. Then we all Gunna be smarter.

@williamcrossan9333

Ай бұрын

Those "Investment property gurus" are the now 14,000 or so buyers agents which seem to have emerged during covid. ALL suggest interest rates are set to return to the natural level of ZERO. Therefore you MUST buy now, in order to front run the MASSIVE increase in prices which will happen once rates drop. See you buyers agent NOW, fees will vary between 14,000 and 22,000 to assist in making your next purchase!

@joekeegan-yc4nm

Ай бұрын

@@duaneahearn5278 Wish you was paid to be in our side!!💪

Interest rates are going up. The US government has to refinance 7 Trillion dollars of their 33Trillion dollar debt this year. 1. They may take on new debt is to pay back the old. More borrowing = higher rates. 2. They may print the new money. This will give Higher inflation and thus higher rates. 3. Tgey do not have th cash to pay back the debt. Only way for rates is higher!

@chrish9155

Ай бұрын

Yes if you don’t give higher rates, who is going to lend your money!

@Elemenopi205

Ай бұрын

The never ending printing of money.. I wish I can print money. If I do, I am a criminal

Hello Martin snd Steve 🙂

8:00: Indeed, investors are truly scrambling over Perth property. 10 or more "East Coast" investors making offers sight unseen on the very first week on the market, is pretty much a "normal" situation right now.

Peter doesn't realise ai changes everything from demographics to xi living forever

Less than 10% of views are likes…Come On Aussie come on, come on…

I'm on 2% fixed til October tempted to lock in 5% for 5 years

@chrish9155

Ай бұрын

No wonder the music hasnt stopped as the party hasn’t started yet 😂

Its been hard for first home buyers for over a decade. It is now impossible for millions.

The whole system feeds the rich as soon as your born!

Martian can you please do an episode on velocity banking it’s such a good way to save years off your mortgage. millennials have no clue about it and I was one until recently.

Get rid of rates and we'd have heaven on earth!

if the people cut back hard and took the money from cuts and paid down their lone . all extra payments will reduce total interest paid , so another saving is made . which means less tax paid as you need to work less

Jack rates harder, let’s see how smart we really are investing in this 🫧