Peter Koulizos, chairman of lobby group Property
The federal government has identified a number of
This must be the bit where the specufestors, having seen a year with slight negative sideways moment remain spooked off forever. And the market has no bids.
Patience! The consumer tapping story is yet to play out into unemployment helps that we have the most tightars3 govt ever.
Haha. you know who is doing the tapping?
Reusa and his mates are tapping the tenants and the taxpayer. every day.
I really dont think unemployment will move.
The conditions around actually being counted as unemployed are very specific. Its no accident that it was made that way. It was made that way to once and for all remove the possibility that we can ever get unemployment above, say, 6% again. If anyone is waiting for 11% unemployment to wave their arms around and shout that the sky is falling in, its not going to happen.
People on the hook for insanity-inducing amounts of debt will happily dive into the newly-formed gig economy or work a few hours here and there to make it up, and thereby not be counted as unemployed, even if theyre receiving benefits.
If youre not working 10 jobs in the downturn, youre not working hard enough.
So unemployment doesnt need to go up. Its as if theyll hide the real value for unemployment then wonder why it all goes to poo.
The problem with this synopsis is that it assumes the measuring somehow matters more than the actual unemployment. Newsflash, it doesnt. Its not the measuring of unemployment, or lack thereof, that is the problem, its the actual rise in the jobless and how this damages the economy. Even if they are in fact squibbing the stats the damaging drag on the economy will still be taking place. And this is exactly what we are seeing.
Oh, you must be new here, never been exposed to the dry peachy wit Some say its indistinguishable from sarcasm, others say shes dead serious. Whatever floats your goat, really. Kinda like Reusa, could be his thumb, could be his schlong, point of the matter is that something goes somewhere.
Low volumes, are you thick or just arrogant or both?
Biggest boom times ever. So glad Im on the side of good and not the evil ones missing out!
Oh, so missing out is now evil? I guess thats like ScoMo declaring that poverty is a lifestyle choice.
I think the LNP would say that whatever you need to believe and get in line with their agenda, is a good thing. So, if its convenient to say poverty is a lifestyle choice, then yes, sing it.
you should be clapping and saying how good is low rates! (clap clap)
How good is buying an overpriced house while (clap) Chinese and American banks have liquidity problems!! (clap clap)
Seems from the Video it is still going nowhere. The wealthy areas have fallen the most, seen falls around inner East of Melb close to 30%, so there will always be some wealthy buyers looking at that as a buying opportunity. But the bulk of the market are looking at the reality that the market is not a cash machine and they also see the massive debt they are asked to service in return for a roof over their head and plenty are saying no thanks. I think it could take a bigger fall as I see a lot of big employers still chopping back their workforce and nothing on the horizon to put a lot of cash into pockets aside from some government spending like the tunnel projects, but that really is only supporting the labor unions.
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