ozzieblue » user profile

Member Since 18/11/2016
Last Seen 14 hours 58 min
Location Sydney

Recent Activities

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