RBA and APRA take on the bubble, while the real solution of axing negative gearing still sits like an infected boil in the hands of a Australias corrupt pollies
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
Why do economists talk about past events as if might be future possibilities?
ie: "At this stage, I think it'd be very much about trying to intervene to tame the investor market because the one thing they don't want to do from a policy response is to actually squeeze out first home buyers," said CLSA banking analyst Brian Johnson."
my head hurts!
WHAT WOULD EDDIE DO? MAAAATE! Share a cot with Milton?
Increase taxes for foreign investors purchasing our real estate, the Chinese are taking over everything just go to a Sydney auction to try spot the aussie.
Why do economists talk about past events as if might be future possibilities?
ie: "At this stage, I think it'd be very much about trying to intervene to tame the investor market because the one thing they don't want to do from a policy response is to actually squeeze out first home buyers," said CLSA banking analyst Brian Johnson."
my head hurts!
It's funny - first we spend a shit ton of money to put a floor under prices, then we implement measures to cool things down. You can't make this stuff up
Why do economists talk about past events as if might be future possibilities?
ie: "At this stage, I think it'd be very much about trying to intervene to tame the investor market because the one thing they don't want to do from a policy response is to actually squeeze out first home buyers," said CLSA banking analyst Brian Johnson."
Oh man, tell me about it.
They should have been saying this 15 years ago.
I think this "true but too late" thing might be weird form of concern trolling.
Increase taxes for foreign investors purchasing our real estate, the Chinese are taking over everything just go to a Sydney auction to try spot the aussie.
The filthy rats should be banned!
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
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