Record immigration and record housing prices, what a coincidence
whirly212 on
What goes up..
Empty-Toe5147 on
Considering 80% of new builds are been bought by landlords not a surprise.
I honestly think the government wants to introduce long term rentals.
We all be living in tents when we retire.
daenaethra on
taking out a mortgage is the best return going. a massive X10 levered position almost growing at pyramid scheme %
hughsheehy on
It’s terrible that the government doesn’t get enough credit for this. Rising prices, a supply crisis, people paying to share a bed. It’s astonishing what they’ve achieved.
rmc on
Have people’s property tax gone up by 7.8%? That’s the point right? or are people still allowed to claim some ancient figure?
Revenue should be just increasing the tax for every property, unless you can show why (and not just “because … uh reasons”).
Make many home *owners* annoyed at rising prices!
MildlyAmusedMars on
If a household has 2 median salaries The max mortgage approval they can get is still 25K short….
IzLitFam on
Fuck off to everyone who’s betting on this rising property market, I hope you eat your losses for a lifetime.
greafer48843 on
I’m 26 and it’s safe to say I’ll most likely never own a house, in fact I’m working full time and can’t afford to move out from home as the rents also are astronomically high
10 commenti
Lovely…
Record immigration and record housing prices, what a coincidence
What goes up..
Considering 80% of new builds are been bought by landlords not a surprise.
I honestly think the government wants to introduce long term rentals.
We all be living in tents when we retire.
taking out a mortgage is the best return going. a massive X10 levered position almost growing at pyramid scheme %
It’s terrible that the government doesn’t get enough credit for this. Rising prices, a supply crisis, people paying to share a bed. It’s astonishing what they’ve achieved.
Have people’s property tax gone up by 7.8%? That’s the point right? or are people still allowed to claim some ancient figure?
Revenue should be just increasing the tax for every property, unless you can show why (and not just “because … uh reasons”).
Make many home *owners* annoyed at rising prices!
If a household has 2 median salaries The max mortgage approval they can get is still 25K short….
Fuck off to everyone who’s betting on this rising property market, I hope you eat your losses for a lifetime.
I’m 26 and it’s safe to say I’ll most likely never own a house, in fact I’m working full time and can’t afford to move out from home as the rents also are astronomically high