They are checking out of society and don’t want to do this. They see a crappy house in Moorooka asking price 900K and they won’t buy when they can have huge mansion in another country for 200K. What can we do to stop the flows?
They are checking out of society and don’t want to do this. They see a crappy house in Moorooka asking price 900K and they won’t buy when they can have huge mansion in another country for 200K. What can we do to stop the flows?
Strongly agree, using housing as an investment vehicle is wrong. Using housing a “control” is sociopathic.
I own my home. And I probably overpaid for it. I expect that I’ll be underwater financially when it is sold. No one has to bail me out of that situation.
But that’s what Brsibane is all about
RENT MONEY IS DED MONEY gotta get that huge house and live the dream
How else would we be able to make people stay here well actually they don’t want to which is why Brisbane now is the world;s biggest indo hong kong refugee camp such a terrible monkier but its true
So how else are we going to make the new ones coming out of school think Brisbane is worthwhile? They can get wealthy through houses kind of thinking is the way forward.