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cheap melbourne apartments, next slump?
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Yeah there's lots of overseas buyers in Aus. I went to London mid year after being away for 15 years and I'm not sure I liked the skyscrapers taking over the 'old city' prominence on the landscape - it took a bit of getting used. A bit different in Melbourne though. More apartments provide 'affordable housing' John Key would approve aye.
cheers,
DonnaEmail Sign Up - New Discussions, Monthly Newsletter, About PropertyTalk
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Chinese inflation finding it's way to Aussie. They get more of it than we do.
Japan's just increased their money printing by 50%. That 50% is bigger than our economy. Some of that will find it's way here too.
Interesting times...Squadly dinky do!
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As a country, yes, the population is falling, and especially in the countryside. But the cities, especially the regional centres, are growing. Osaka's population has increased by about 80,000 over the past ten years, Nagoya by about 120,000 and Fukuoka by about 300,000. This growth is pushing up demand and prices, with Fukuoka for example seeing a property price increase of 20 - 30% over the past two years. Yes, I wouldn't invest in Shimane, but there are opportunities.
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Japan is now in recession....even with the money printing
cheers,
donnaEmail Sign Up - New Discussions, Monthly Newsletter, About PropertyTalk
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Originally posted by Walter Ichikawa-Doyle View PostDonna, Japan's economy has been stagnant or recessionary for about 20 years, that doesn't mean you can't make money as an investor if you know what you're doing.
I was merely stating what's been reported - not suggesting there's no money to be made
cheers,
donnaEmail Sign Up - New Discussions, Monthly Newsletter, About PropertyTalk
BusinessBlogs - the best business articles are found here
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Abe:
There is a tide in the affairs of men.
Which, taken at the flood, leads on to fortune;
Omitted, all the voyage of their life
Is bound in shallows and in miseries.
On such a full sea are we now afloat,
And we must take the current when it serves,
Or lose our ventures.
Jimento speech, Last night, on calling new election and cancelling the tax rise that was supposed to pay for the most recent monetary easingLast edited by eri; 19-11-2014, 03:58 PM.have you defeated them?
your demons
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