ozzieblue » user profile

Member Since 18/11/2016
Last Seen 07/07/2017
Location Sydney

Recent Activities

I think our infrastructure is overcrowded, from schools to public transport to roads. Ever tried coming back to Sydney after a long...
01/05/2017 - 20:48
Agreed. Negative gearing increases the incentive to invest in houses over other investments. This inflates housing prices as the supply is...
21/04/2017 - 09:54
If wages for those jobs increase, then there will be people who will want to do those jobs. I don't believe there are no locals that will...
20/04/2017 - 12:45
I don't have a problem with getting good students into Australia. I actually encourage that and agree with you that this is a really good...
20/04/2017 - 08:31
agreed, that is a ticking time bomb with massive credit growth and lots of off balance sheet products (WMP's) that banks don't have to hold...
19/04/2017 - 22:44
They need to close the education loopholes. Too many foreigners are getting in on grounds of studying in Australia, and then becoming PR....
19/04/2017 - 22:40
I like the fact that temporary is temporary HOWEVER they are only reducing the intake of workers by 9%, and there are still cooks and chefs...
19/04/2017 - 22:36
I think Ottah sums it up. They have geared themselves with very little buffer and through rising property prices have probably increased...
19/04/2017 - 22:31
I think you make an important point around taxes, however I think that over the last 5 years there has been a lot of money to be made in...
19/04/2017 - 11:38
We need a strategic thinker like Keating not a despot like Putin. Putin is all for self advancement. You just have to read the panama...
19/04/2017 - 08:46
Any salesman would say buy low, sell high. Property upside growth is limited currently so buying into the market would be foolish no matter...
18/04/2017 - 18:24
Property is relative to disposable income. New York and London have better jobs, therefore higher disposable income, higher density and...
18/04/2017 - 15:05
If the government actions had no effect on the housing market then I would say yes, they are not responsible for making housing affordable....
18/04/2017 - 14:59
You can go anywhere in Sydney and see the number of unit blocks being built. One has to think that this is going to come crashing down on...
18/04/2017 - 09:29
Agreed, 457 visa's are being abused by some businesses. Also the EDUCATION sector is leaving the door wide open for people to come in....
17/04/2017 - 16:26
From 2014 the banks have increased their lending from around 15 billion a month to 20 billion. This adds to the amount of money people can...
17/04/2017 - 16:16
Yes, the treasure Scott Morrison worked for a property lobbyist (Australian Property Council) for a couple of years and it shows....
17/04/2017 - 08:36
There are about 2 million people (out of 24) with investment properties. About 30% hold more than 2 properties. Most of those aren't the...
17/04/2017 - 08:28
There are only two ways to make housing more affordable. Inject money into the system (like the treasurer is suggesting with super) or...
17/04/2017 - 08:19
People go where the jobs are. I would love to not live in the big city.
17/04/2017 - 08:18
yes this is not right. The thing that really annoys me is the people who are purchasing property purely with a speculative motive. They...
16/04/2017 - 17:53
That is so untrue. Demand is a function of many things including * taxation, * foreign investment policies (who can buy property in...
16/04/2017 - 11:47
ha ha .... so true, but expenses can be manufactured.
15/04/2017 - 17:40
The have not's outnumber those who have by quite a large margin. 62% of the wealth held by 1/5 of the population. Check out the graph on...
15/04/2017 - 17:37
I think grandfathering of negative gearing changes is a bad idea. It just means that existing investors will not get rid of their property...
15/04/2017 - 15:34
The more I read the news, the more I think that the current government is doing nothing for 'anyone' on housing affordability (yes I know...
15/04/2017 - 15:21
Cheap property has mostly got to do with cheap credit. Currently low rates mean our mortgage payments are relatively cheap in relation to...
31/12/2016 - 08:31
I am like every other Australian - a bit obsessed with property. I am keen on knowing what other people think will happen to property...
18/11/2016 - 16:03
ozzieblue joined OzBargain.
Welcome aboard!
18/11/2016 - 15:41