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@mojanburgandy
4 ай бұрын
No one screws their citizens like the aussie govt does, and no one sits back and just takes it like the aussies do. So this will only get worse. Perfect for investors especially if you can live outside of Aus. All the politicians doing whatever the WEF tells them to with people on the ground in Aus more worried about being called a buzzword instead of advocating for any real change. Short of it, big things ahead for investors, dystopian future for the average person. Thanks for the info PK !
@serena-yu
4 ай бұрын
There's a common saying that "Australia has a lot of land but it's all desert and the useful land is tiny". But it's not true. The "useful" livable and farmable land alone is already larger than Japan, France, Germany and Britain added together. It's an engineered shortage. Throw the Australian government in a desert and they will create a shortage of sand.
@davidnorton7464
4 ай бұрын
Separation has caused greater demands on housing stock as every couple separated requires 2 x homes instead of 1
@GRsweetscience
Ай бұрын
Hi PK, Long time subscriber here who loves your work. Love your work because its based on actual STATS. I have a question: I own an investment property in North Parramatta. It a 2B unit which has stayed at the same value for about 5 years now. I've held on to it because of what Parra is tipped to become in the coming years. I also wanted to wait and see what effect the light rail would have on the market. I'm on the verge of selling it because i'm over not making any actual money on it lol! What are your thoughts on the unit market in Parra? Do you think the light rail will increase property value in the area? Do you think the demand will soon catch up to the current seemingly over supply of units? Many thanks in advance -Simon
@AusPropertyMasteryWithPK
Ай бұрын
@@GRsweetscience I think para will continue to under perform due to always so many units being built
@GRsweetscience
Ай бұрын
@@AusPropertyMasteryWithPK Thanks PK, Classis rules of Supply and demand. Its hard to let go of investment properties sometimes you know. Even when they're costing you thousands of potential earnings. As emotional beings we become emotionally invested in these things and need to learn to use our brains instead of hearts. Maybe one of the many things that separates the many mediocre investors to the few highly successful investors.
@benstead15
4 ай бұрын
Because Australia has such a skills shortage, wouldn't it be more cost effective for education to be free or heavily subsidized for Australian citizens and/or residents? Immigration is a factor leading to increased pressure in the housing market. If education was cheaper or free, I would err on the side that some people would choose career changes to meet the service demands within our country. Would love to hear your thoughts.
@AusPropertyMasteryWithPK
4 ай бұрын
I think education should be accessible and available for everyone. Education is what makes a civilised, healthy and wealthy society
@gglendormi
4 ай бұрын
I became a dad recently, and government school scare me so much. Some kids got injected without parents consent, and some kids come home saying they were born in the wrong body. I think before making it free and easily available, the education system has to be dismantled and rebuilt. I want my kid to be home schooled when he will go, unless I find an alternative.
@davidnorton7464
4 ай бұрын
The skilled jobs are going begging because Australians are choosing the indoor comfortable options that don't require heavy lifting and back breaking. That's why those positions need to be imported or the houses we requirewill never be built.
@clementbirori5377
4 ай бұрын
Hi PK, apart the videos you post, is there any support you give? like training or talk face to face. tks
@AusPropertyMasteryWithPK
4 ай бұрын
Hey, please see here: consultingbypk.com.au/
@PHenry-yi4pn
4 ай бұрын
The main problem is there no work in Australia.The rent is very high,making very hard to survive here in Melbourne. Own nothing be happy Australia
@lengerer
4 ай бұрын
What you smoking. We need 90k extra tradies to build homes which are in short supply. Stop spreading lies
@davidnorton7464
4 ай бұрын
The current tools used by the reserve bank to reign inflation in are toothless considering over half the population enjoys more money in their pockets with every rate rise. There's a divide between the reality of boomers/x-generation and gen y/z. Between those who have security of tenure and those who go from rental to tent losing their possessions and furniture in the process. Between those who can afford a daily smashed avocado 🥑 breakfast and capaccino and those struggling with the cost of their weekly groceries. Lifting interest rates doesn't effect you if you own your own home - it just gives your investment portfolio more earnings. Lifting interest rates effects young families and others trying to budget to pay for their needs and mortgage. The pandemic took supply of building materials and tradespeople away. Like a slow moving sloth, the building industry is playing catchup with ballooning demand and house prices tipped to keep rising 20% until the demand curve is eclipsed with an excess supply late 2028 back to historical 5% vacancy rates
@dsinghr
4 ай бұрын
You didn't get 12 properties. You got 12 loans !
@susmusmanoj112
4 ай бұрын
Wish I could have got those 12 loans !!! It's not his money .. but people's money .. which he will use to dispose off the properties .. smart investor.. and that's what investing is about .. rest of the people .. naah we will put the money we have in our bank .. God bless them 😅😅😅
@kerrymorgan8657
4 ай бұрын
He may have loans BUT he also has a 6 figure positive income, plus 12 properties.
@AusPropertyMasteryWithPK
4 ай бұрын
And now because of the debt that I got, I am debt free :)
@mojanburgandy
4 ай бұрын
With inflation the loans devalue everyday, this in fact makes the loans the asset. Those who have access to finance become wealthy, those who save and value the dollar become poor.
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