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  1. #1
    Join Date
    Sep 2008
    Posts
    7,562

    Default cheap melbourne apartments, next slump?

    have you defeated them?
    your demons

  2. #2
    Join Date
    Aug 2003
    Posts
    7,623

    Default

    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,

    Donna
    PropertyTalk Blog - property articles

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  3. #3
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,305

    Default

    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!

  4. #4

    Default

    That increase of money printing of Japan has also made investing in Japan a little cheaper for international investors looking to get in on the Japanese property market which is booming lately!

  5. #5
    Join Date
    Sep 2008
    Posts
    7,562

    Default

    but the population is falling

    meaning there are already enough homes
    have you defeated them?
    your demons

  6. #6

    Default

    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.

  7. #7

    Default

    I hope that my landlord will lower my monthly rent. How can I save money when my my rent is too high.

  8. #8
    Join Date
    Aug 2003
    Posts
    7,623

    Default

    Japan is now in recession....even with the money printing

    cheers,

    donna
    PropertyTalk Blog - property articles

    BusinessBlogs - the best business articles are found here



  9. #9
    Join Date
    Sep 2013
    Location
    Auckland
    Posts
    3,885

    Default

    Sydney housing market is booming, due to overseas investor demand, and local bankers going crazy lending to foreigners via overseas income.

  10. #10

    Default

    Donna, 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.


 

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