Sep 26th, 2019
Property Boom or Property Crash, that is the question. Will Bell discusses the probability of a boom in the property market that some people are already calling.
The Australian economy is at a similar place to where it was just before the dot com crises. There is currently a large amount of speculation in tech stocks that are not realizing profit so looking back at the Australian property market in the time of the early 2000's would be a wise thing to do.
Why we get all these commissions, inquiries and reports but still nothing happens? The only explanation is that it is simply how our flawed system works. The Royal Commission is just another distraction to the general public to ensure the banking system will continue to operate the way banking systems always have. It also ensures the Australian economy gets its peaks and troughs.