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What the Virus taught us about property prices.

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  • What the Virus taught us about property prices.

    Like never before, the Virus put the breaks on all the unnecessary activity in the world.
    In one foul swoop, all house price inflation scapegoats were removed, shown to be false.

    Even 'supply and demand' was shown to be disconnected from house prices.

    Leaving only one guilty culprit, standing nude in the street, for all to see.

    The QE pushers. -

    caught passing around all that "thinned down" money.
    (As they had been for decades),
    Quietly eroding the wealth of the multitudes,
    stealthily pickpocketing their lives, time and effort.

    Previously hidden amongst the crowd, now standing alone.
    Pale and blinking and naked in the bright light of public attention,
    The Reserve Banks and their collusion with Treasury.

    Pity it took a Pandemic to unmask them.
    Last edited by McDuck; 21-02-2021, 08:36 AM.

  • #2
    I like it and now we’re used to it and reliant on it only a very brave some may say foolish FM would halt it.

    what would that look like?

    Cheers

    Donna ????
    SEARCH PropertyTalk, About PropertyTalk

    BusinessBlogs - the best business articles are found here

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    • #3
      Originally posted by donna View Post
      I like it and now we’re used to it and reliant on it only a very brave some may say foolish FM would halt it.

      what would that look like?

      Cheers

      Donna ????
      If you're referring to Q.E they won't be able to stop stimulus.
      If they raise interest rates it will push asset prices and equities down,so they will print more money to keep it afloat..there is no alternative to this besides heading back to the dark ages.


      Those who think raising interest will close the wealth gap don't understand it will eventually lead to a market collapse and eventually negative interest rates, more stimulus and money printing and even more of a wealth divide.

      It's a trap designed to create an uneven playing field and the rich will always win.

      The only other option is a new currency or reserve currency with the China yuan being next inline...war usually preludes the change.

      And as it is in our DNA we are well overdue for another major war.
      Last edited by Jeffa; 22-02-2021, 09:25 PM.

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      • #4
        Originally posted by donna View Post
        I like it and now we’re used to it and reliant on it only a very brave some may say foolish FM would halt it.

        what would that look like?

        Cheers

        Donna ????
        Hi D.

        I'm not sure what you mean.
        What would what look like?
        And what exactly do you like?

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        • #5
          The stimulus is better than a depression and we could have been on track for that.

          I too reckon a war is not too far off poss. 10 years out but maybe sooner.

          cheers

          Donna

          SEARCH PropertyTalk, About PropertyTalk

          BusinessBlogs - the best business articles are found here

          Comment


          • #6



            Originally posted by donna View Post
            The stimulus is better than a depression and we could have been on track for that.

            I too reckon a war is not too far off poss. 10 years out but maybe sooner.

            cheers

            Donna
            You're a cheery soul.

            Sure, growth is better that stagnation.

            But real growth is very different than inflation.

            At the moment we just have one asset class inflating.

            You wouldn't want your feet to swell up faster than the rest of you, would you?



            I'm still mystified as to why the RESERVE BANK almost maliciously complied to the Govt request to curb housing inflation.
            It seems like they deliberately lit a match under FOMO, by standing on the rooftop shouting,

            "QUICK QUICK GET YOUR LOW PRICED MORTAGE BEFORE WE CLOSE THE DOORS".

            I mean, WTF?

            These guys are supposed to be very careful about any slight indication of intent,
            They know it skews the market greatly.

            The lack of maturity or forethought in that kind of behavior is just gobsmacking.
            Last edited by McDuck; 24-02-2021, 06:42 AM.

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