Inflated housing prices are intended to discourage whites from having families

Inflated housing prices are intended to discourage whites from having families.

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abc.net.au/news/2017-03-24/why-chinese-investors-keep-buying-australian-property/8385174
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worked on me

Yeah. And?

Bingo

> every other sector overregulated over taxed
> only housing left to invest in
> everyone invests in housing
> WAAH!! IT'S AN ATTACK ON THE NUCLEAR FAMILY BY THE EUGENICS SOCIALISTS!

It wasn't intential but it did have the effect on the family.

.... family's yes children no. We have a lack of white children because child support.

I literally know a Chinese 16 year old who owns his own house. I struggle to pay my rent every month. Fuck this meme country

its just a side-bonus of letting the chinese buy us out and therefore inflate market prices to only levels they can afford (since we handed them our manufacturing and productivity decades ago)

Nah, it's just baby boomers who were brought up to be selfish and who want to be able to retire in comfort with three investment properties, all negatively geared and with capital gains tax advantages. Older Australians have decided collectively that it's completely OK to fuck over younger Australians entirely so they can't have houses or families. It's only Sup Forumstards who think that foreigners are largely responsible (they make some difference, but a small one).

That's why i'm going to buy a house outside of a capital city for half the price.

> To Levels only they can afford

As an Aussie in Hong Kong doing business in the Mainland... I can tell you this for sure they can afford a lot more

Well well Mr Smarty Pants, who do you think buys the property from these baby boomers so that they can turn a profit? Hint: It's not young aussies.

But there clearly is a bubble if a house in fucking Bankstown is worth a million dollars.

I'm 100% sure of it user, which is why I don't see property prices coming down for at least 50 years. There is enough money in China to keep the bubble going for generations.

Like I said, only they can afford to buy at those levels. Aussies are getting left behind.

>who do you think buys the property from these baby boomers so that they can turn a profit?
The baby boomers take out loans against their existing properties so they can expand their portfolio. Then they rent their properties (except the two they live in) out to young people who can't afford even a first property. How many of your parents' friends own multiple properties for investment purposes? Most of my friends' parents do. They're just going to sit on these properties until they die and watch the profits role on.
Honestly, you can't deny this is primarily what is happening, right?

The problem has barely anything to do with foreigners and everything to do with the entire country wanting to live in the same spot

I work from home so can live anywhere, been looking for a good house for about a year
while sydney and melbourne are ridiculously overpriced its not exclusive to the cities, a house big enough to raise a family in is 600k minimum unless you want to live in a housing estate with a footpath for a backyard
I am saving for an acreage now, its going to cost 300k land and 400k to build, in the middle of nowhere

They jump off the property train eventually, unless its given as inheritance to their kids. For those that flip their property, the best buyers are Chinese. For those that ride it out till the end, their kids may inherit the property, but you'll see that some sell out - and the buyer is Chinese a lot of the time.

I know a guy that inherited a property in the heart of Sydney. He's going to sell it and move to a cheaper state. i.e Buy a cheaper house. I'm pretty sure the buyer for such an expense property will not be some young aussie.

The baby boomers may be sitting on wealth, but its a short-term problem and at least they are mostly locals. I will deny that its primarily the issue, but I have to agree that it plays a part.

Why don't you invest by building more houses? Are you all fuckin retarded or is there an actual barrier to this?

oh don't worry burgerchan, the Chinese developers are coming in and building large hive-like apartments everywhere and advertising the upcoming property in China, flying people over, and making sure to sell it all off-the-plan before aussies even get a chance to put their hand up.

Also, at real estate trade shows, the agents are only interested in talking to asians walking in. White people are ignored. I have heard accounts of this from property investors.

>will not be some young aussie
It's mostly old Aussies buying up properties, even at inflated prices, because the prices keep going up. It sounds likely that your one mate will well his property to whoever is most present in the market, which is cashed up older Australians. The baby boomers are a long term problem because the market is so inflated now that the only way of getting into it is if you already have properties, get one through inheritance, or win tattslotto.

Here's something that provides a little bit of support for what you're saying, but Chinese buyers are only about 20 percent of the property purchasing market in Sydney -- the most overheated market of all. The big problem, statistically speaking, is cashed-up boomers buying investment properties:

'Foreigners are purchasing the equivalent of 25 per cent of new housing supply in NSW and 16 per cent in Victoria
China currently accounts for almost 80 per cent of all foreign demand
There has been a pick-up in both Sydney and Melbourne settlements around the end the year, despite the numerous impediments for foreign buyers'

abc.net.au/news/2017-03-24/why-chinese-investors-keep-buying-australian-property/8385174

So then leave? That's what I'm doing, fuck this backwater.

>It's mostly old Aussies buying up properties
no, there are plenty of young people who buy one cheap house and then use the equity to get investment loans (interest only) to buy more and more houses to push up their portfolio and earn a tiny bit on each from rent
more loans are interest only than regular loans right now, which is a big problem if the supply of houses can start outpacing the demand because rent prices will stop rising and nobody can afford their loans so they start selling off
its all a big fucking mess and liberal/labor aint gonna do shit about it because it will hurt the economy to fix, they are both just playing hot potato right now

>discourage whites from having families.
discouraging non whites from owning property

I think this shows that both baby boomers and the Chinese are what is keeping things going at the moment. In the long-term, it will only be the Chinese. Baby boomers don't have as much time or wealth.